On the evening of July 26, China Resources Land (01109.hk) announced that since July 26, Li Xin resigned as the president of the company and Wu Bingqi was appointed as the president of the company< Br > < div class= "contheight" > < / div > the announcement shows that due to the work arrangement of China Resources Land, Li Xin resigned as the president of the company and continues to serve as the executive director, chairman of the board of directors and his existing position in the Board Committee of the company; At the same time, Wu Bingqi, the executive director, was appointed president of the company< Br > < div class= "contheight" > < / div > China Resources Land said that Li Xin had confirmed that there was no disagreement with the board of directors, and there were no other matters related to the above resignation that the company’s securities holders need to know< Br > < div class= "contheight" > < / div > the announcement shows that Wu Bingqi, 50, joined China Resources Land in 2007 and was appointed as the company’s senior vice president in October 2013. In February 2019, he was appointed as the executive director of the company, and in January 2021, he was appointed as the chief human resources officer of the company and the chairman of North China (non-executive). At the same time, Wu Bingqi is a member of the Executive Committee of the company and a director of many subsidiaries of the company< Br > < div class= "contheight" > < /div> it is worth mentioning that Li Xin only resigned as president of China Resources Land this time and will continue to serve as chairman of the board of directors< Br > < div class= "contheight" > < / div > on May 5 this year, China Resources Land announced that since May 5, 2022, due to other work assignments of China Resources Group, Wang Xiangming resigned as chairman of the board of directors, non-executive director and chairman of the nomination committee of the company. President Li Xin was appointed chairman of the board of directors and chairman of the nomination committee< Br > < div class= "contheight" > < / div > Li Xin was born in 1972 and is 50 years old. She has a bachelor’s degree in management from the Northeast University of Finance and economics and a master’s degree in engineering management from the Hong Kong Polytechnic University, China. Li Xin joined China Resources Group in 1994 and China Resources Land in 2001. Li Xin was appointed general manager of China Resources Land Dalian in 2006 and vice president of China Resources Land Co., Ltd. in 2010. In 2013, Li Xin was promoted to senior vice president of China Resources Land Co., Ltd. in 2016, he was appointed as co president with Zhang Dawei, and concurrently served as chairman of East China region< Br > < div class= "contheight" > < / div > by the end of 2018, China Resources Land cancelled the co president structure, and Li Xin was appointed president of China Resources Land. In 2019, Tang Yong, then chairman of the board of China Resources Land, resigned and took over as president of China Resources Power. Since then, Li Xin has officially assumed the role of “principal” of China Resources Land< Br > < div class= "contheight" > < / div > according to the sales data of China Resources Land in 2021, the company signed 315.76 billion yuan in 2021, an increase of 10.8% year-on-year, and achieved a signed area of 17.55 million square meters, an increase of 23.7% year-on-year. East China contributed the highest signing amount, reaching 73.648 billion yuan, accounting for 23.3%. The annual comprehensive turnover was about 212.11 billion yuan, an increase of 18.1% year-on-year; Among them, the turnover of development properties was 183.86 billion yuan, an increase of 17% year-on-year; The rental income of investment properties (including hotel operations) was 17.43 billion yuan, an increase of 36.3% year-on-year. The comprehensive gross profit margin was 27%, a year-on-year decrease of 3.9%. Among them, the gross profit margin of the development property decreased from 29.1% in 2020 to 23.7%; The gross profit margin of investment properties (including hotel operations) increased from 66.4% in 2020 to 68.2%; The net profit attributable to core shareholders after deducting the appreciation of investment properties was 26.6 billion yuan, an increase of 10.2% year-on-year; The net profit of shareholders included in the appreciation of investment property evaluation should be 32.4 billion yuan, an increase of 8.7% year-on-year. The net profit of China Resources Land during the year was 37.395 billion yuan, an increase of 9.6% year-on-year; The gross profit was 57.199 billion yuan, an increase of 3.2% year-on-year< Br > < div class= "contheight" > < / div > as of the close of July 26, China Resources Land reported HK $34.3 per share, up 3.63%.