China Express Delivery Billionaire Leaves Alibaba-Backed ZTO - BitcoinEthereumNews.com
KabuhayanAng China Express Delivery Billionaire ay Umalis sa Alibaba-Backed ZTO05 / 29 / 2022Balita ng Ethereum ng Bitcoin Staff members disinfect express parcels at a branch of ZTO Express on May 11 in Beijing, China. ... China billionaire Lai Jianfa has left the board and his other positions at ZTO, one of Chinas largest express delivery businesses, the company said on Sunday. Lais resignation was approved by the board of directors on Friday, and came after ZTO anounced an increase in first-quarter profit on Thursday. Lai “tendered resignation to the board of directors of the company seeking to resign, for personal reasons, from his positions with the company,” ZTO said. “The board of directors accepted his resignation on May 27, 2022 with immediate effect.” “Mr. Lai confirmed to the board of directors that his resignation does not involve any disagreement with the company with regard to its business, finance, accounting, or any other affairs,” ZTO said. ZTO Chairman and CEO Lai Meisong will assume Jianfa Lais responsibilities as vice president of operations, said ZTO, which is approximately 9% controlled by China e-commerce heavyweight Alibaba. ZTO, whose shares trade in New York and Hong Kong, on Thursday reported a jump in first-quarter profit amid the countrys Covid