<div id="readability-page-1"><div><p>[HONG KONG] Country Garden Holdings named president Mo Bin co-chairman of the board as the embattled Chinese developer restructures leadership after winning court approval for its offshore debt overhaul.</p><p>Mo, who has also been an executive director since 2010, will help the board build external strategic relationships, coordinate resource integration and implement group-wide strategies, the company said in a filing to the Hong Kong stock exchange on Thursday (Dec 4). His appointment became effective on Dec 4.  </p><p>Chairman Yang Huiyan, who took the helm from her father in 2023, will continue to lead and supervise the board’s operations, the company said. She will also oversee the top-level design of the group’s strategies, while guiding the group’s long-term development direction. Yang held almost 52 per cent of the company, according to data compiled by Bloomberg.</p><p>Cheng Guangyu, an executive director, will replace Mo as president, the developer said. Mo remains an executive director.</p><p>“With the smooth progress of the offshore debt restructuring, the company is making efforts to restore normal operations,” the developer said in the statement. “The establishment of co-chairman position is conducive to promoting the effective operation of the board to cope with the business challenges.”</p><p>Headquartered in the southern city of Foshan, Country Garden was once China’s largest developer by contracted sales. The company defaulted in 2023, dragged down by the country’s prolonging property market slump. After more than two years of restructuring talks, the company received a formal sign-off from a Hong Kong court for its US$14.1 billion offshore debt plan. BLOOMBERG</p></div></div>

碧桂园

<p>碧桂园控股已任命总裁莫斌为董事会联席主席，以加强领导层，此举是在获得法院批准进行离岸债务重组之后。莫斌将专注于战略关系和资源整合。董事长杨惠妍将继续领导董事会并监督长期战略。程光宇将接替莫斌担任总裁。公司旨在恢复正常运营，以应对其 2023 年的违约和近期的债务重组批准</p>

Country Garden names new co-chairman to beef up leadership

- 碧桂园任命莫斌为董事会联席主席，重组领导层以应对债务危机。  
- 莫斌自 2010 年起担任执行董事，将协调资源整合与战略实施。  
- 公司于 2023 年违约，近日获得香港法院批准的 141 亿美元债务重组计划。

碧桂园任命新联席主席以增强领导力