Liu Wei returns to Giant Network Group (002558.SZ) as CEO and will implement a rotating mechanism for the head of the gaming business.

On October 28, according to media reports, informed sources said that Giant Network Group (002558.SZ) will implement a rotational mechanism for the head of its gaming business. This is a new adjustment in the company's future strategy, aiming to provide a greater growth platform for young frontline business employees. Giant Network Group confirmed today that its CEO and general manager, Zhang Dong, has resigned for personal reasons, and the board director Liu Wei will assume the role of CEO and general manager of the company. Liu Wei had stepped down as CEO of Giant Network Group two years ago, and his return this time will focus on developing core talents. The rotational system for the head of the gaming business is an important part of this plan. Youthful organization is a talent strategy of Giant Network Group, and the chairman of the company, Shi Yuzhu, has always advocated that gaming is a career for young people and should boldly employ and provide a stage for young people. In recent years, the company has boldly appointed young talents to key positions in various projects, with high-quality games such as "Puzzle Against" and "Primitive Odyssey" being produced by young producers. Among them, the development team of this year's popular new product "Supernatural Action Group" is led by a team of post-95s. Sources revealed that the selection of rotational leaders for the gaming business will be drawn from young key talents on the frontline. This move has two purposes: firstly, to allow young frontline development heads who are closer to users and the market to focus on their original business bases while having more opportunities to participate in the company's research and development strategic decisions, helping the company improve business decision-making efficiency. Secondly, their involvement in decision-making will expand from the track to the company level, standing at the company's height, opening up greater growth space, and reserving core talents for the company's sustainable development. "This is a layout for the future. Giant Network Group, as a company with a strong research and development DNA, has the advantage of integrated research and development operations. Allowing young people who understand the business more to participate in major business decisions can help strengthen this advantage. Shi Yuzhu and Liu Wei will lead the way and escort the growth of young talents," the source said. It is understood that the rotational mechanism for business leaders is not the first in internet and technology companies, as giants like Huawei and Alibaba have previously implemented rotational CEO plans. This mechanism helps companies build a talent pipeline, reserve senior management talents, and serve long-term development strategies of the company. Giant Network Group has always insisted on independently developing high-quality products. The deepening of this youthful talent strategy will help the company continue to create hit games and strengthen its competitiveness.