KE Holdings Inc. announced that its board of directors has appointed Mr. PENG Yongdong, the Company’s co-founder, chief executive officer and executive director, as the new chairman of the Board to succeed Mr. ZUO Hui who passed away on May 20, 2021. The Company also announced the appointment of Mr. XU Wangang, the Company’s chief operating officer, as a new executive director to the Board to fill the vacancy left by Mr. ZUO. Going forward, the audit committee of the Board will consist of Ms. CHEN Xiaohong, Mr. XU Wangang and Ms. CHEN Yu, with Ms. CHEN Xiaohong serving as the chairperson; the compensation committee of the Board will consist of Ms. CHEN Yu, Mr. PENG Yongdong and Ms. CHEN Xiaohong, with Ms. CHEN Yu serving as the chairperson; and the nominating and corporate governance committee of the Board will consist of Mr. SHAN Yigang, Ms. CHEN Xiaohong and Ms. CHEN Yu, with Mr. SHAN Yigang serving as the chairperson. In addition, the Company announced that Mr. ZUO will be the permanent Chairman Emeritus of the Company to commemorate his invaluable contribution and legacy.
KE Holdings Inc is a holding company mainly engaged in housing transactions and related services. The Company operates in four segments. The Existing Home Transaction Services segment mainly provides agency services to sales or leases of existing homes, and platform and franchise services to brokerage firms on Beike platform, as well as other transaction services. The New Home Transaction Services segment mainly provides new home transaction and agency services to real estate developers. The Home Renovation and Furnishing segment provides a one-stop solution to give housing customers access to a comprehensive range of home renovation and furnishing, ranging from interior design, renovation, re-modeling, furnishing, supplies, to after-sales maintenance and repair. The Emerging and Other Services segment is engaged in rental property management service business, financial service business and others.