<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>

碧桂園

<p>碧桂園控股已任命總裁莫斌為董事會聯席主席，以加強領導層，此舉是在獲得法院批准進行離岸債務重組之後。莫斌將專注於戰略關係和資源整合。董事長楊惠妍將繼續領導董事會並監督長期戰略。程光宇將接替莫斌擔任總裁。公司旨在恢復正常運營，以應對其 2023 年的違約和近期的債務重組批准</p>

Country Garden names new co-chairman to beef up leadership

- 碧桂園任命莫斌為董事會聯席主席，重組領導層以應對債務危機。  
- 莫斌自 2010 年起擔任執行董事，將協調資源整合與戰略實施。  
- 公司於 2023 年違約，近日獲得香港法院批准的 141 億美元債務重組計劃。

碧桂園任命新聯席主席以增強領導力