Vanfund Urban Investment & Development (000638.SZ) elected Liu Yu as the chairman of the company.

Vanfund Urban Investment & Development (000638.SZ) announced that on January 15, 2025, the Board of Directors received the resignation report of Mr. Zhang Hui, who resigned from his position as Chairman of the Board and Director of the Board's Strategic Committee due to health reasons. The resignation report will take effect from the date it is delivered to the Board of Directors. After resigning from the above positions, Mr. Zhang Hui will no longer hold any position in the company. In addition, Ms. Liu Yuxi was elected as the new Chairman of the Board, with a term from the date of approval by the Board to the date of the election of the tenth Board of Directors.