On September 11, 2026, China Travel HK held a management meeting for its mid-level and senior personnel. During the session, a representative from the Central Organization Department of the Chinese Communist Party conveyed the Party Central Committee's decision regarding the chairman role at the company.
Shi Dai has been appointed as the new chairman of China Travel HK, succeeding the previous leadership. Concurrently, Shi Dai has been relieved of their duties as Director and General Manager of China Merchants Group. The official appointment and removal procedures will be completed in accordance with applicable laws and the company's articles of association.
This strategic move marks a significant adjustment in the leadership structure, reinforcing the company's commitment to corporate governance and operational continuity. Further details regarding the transition are expected to be disclosed as the process unfolds.