KE Holdings Inc. announced the appointment of Mr. XU Tao, the Company’s chief financial officer, as an executive director of its board of directors (the “Board”), and the appointment of Mr. ZHU Hansong as an independent director of the Board, effective immediately, based on the recommendations of the nominating and corporate governance committee of the Board. The Board also appointed Mr. ZHU Hansong as a member of the compensation committee of the Board and a member of the audit committee of the Board. At the same time, Mr. PENG Yongdong stepped down as a member of the compensation committee of the Board, and Mr. XU Wangang stepped down as a member of the audit committee of the Board. Mr. PENG Yongdong will continue to serve as the chairman of the Board and the chief executive officer of the Company, and Mr. XU Wangang will continue to serve as an executive director of the Board and the chief operating officer of the Company. Mr. ZHU Hansong serves as an independent director for Kidswant Children Products Co. Ltd. since March 2020 and for Missfresh Limited since June 2021.
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.