CSPC Pharmaceutical Group Limited announced that with effect from December 19, 2025, Mr. ZHANG Cuilong has ceased to be the Vice-Chairman of the Board and the Authorised Representative of the Company due to work reassignment, but will remain as an Executive Director of the Company. Dr. CAI Lei has been appointed as Vice-Chairman, an Executive Director of the Company, and the Authorised Representative. Dr. Cai, aged 45, who joined the Group in April 2014, is currently an Executive President of the Group, Vice President of the U.S. R&D Division and President of the Pharmaceutical Products Sales Division, and is primarily responsible for the Group's overseas R&D and sales-related businesses.
Dr. Cai also serves as a director of certain subsidiaries of the Company, including as a Non-executive Director of CSPC Innovation Pharmaceutical Co. Ltd., an indirect non-wholly owned subsidiary of the Company. Previously, Dr. Cai served as Vice President of the Group, Vice President of the Marketing Operations Centre and of several business units.
He also served as General Manager of a subsidiary of the Company. Dr. Cai holds a Bachelor's degree in Biochemistry from Beijing Normal University and a Doctoral degree from the National University of Singapore. Mr. WEI Qingjie has been appointed as Vice-Chairman, an Executive Director and Chief Operating Officer of the Company.
Mr. Wei, aged 56, who joined the Group in May 2019, is currently as the Group's Executive President, Chief Coordinator, Chairman of the Manufacturing Committee and Deputy Chairman of the Sales Committee. He is primarily responsible for the Group's manufacturing and sales-related businesses, and also oversees the Group's human resources functions including the Compensation and Performance Department. He previously served as President of the Group's First Manufacturing Centre and as Vice President of the Active Pharmaceutical Ingredients (API) Business Unit.
Mr. Wei also previously held the positions of Director and Deputy General Manager of North China Pharmaceutical Company Limited, Deputy General Manager of Sichuan Kelun Pharmaceutical Co. Ltd., and Non-executive Director and President of Hunan Jingfeng Pharmaceutical Co. Ltd. Mr. Wei has over 30 years of technical and management experience in the pharmaceutical industry.
He holds a Bachelor's degree in Medicinal Chemistry from China Pharmaceutical University and is a Professorate Senior Engineer in the Chinese Mainland.
