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PHOENIX TREE HOLDINGS LIMITED

(DNK)
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Phoenix Tree Holdings Limited Announces Executive Changes

06/18/2020 | 08:00am EDT

Phoenix Tree Holdings Limited announced updates to its board of directors and senior management team. Mr. Yan Cui, a co-founder, director and president of the Company, has been appointed by the Board as the Company's interim chief executive officer with immediate effect. Mr. Cui has been responsible for the management and operations of the Company, together with Mr. Jing Gao, a co-founder, director and chief executive officer of the Company, since the Company was founded five years ago. Upon recommendation of the nominating and corporate governance committee and approval of the Board, the Board has re-assigned all of Mr. Gao's responsibilities within the Company to Mr. Cui during Mr. Gao's absence. Mr. Cui will serve as the interim chief executive officer of the Company in addition to his roles as a director and president of the Company.


ę S&P Capital IQ 2020
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Financials
Sales 2019 7 129 M 1 104 M 1 104 M
Net income 2019 -3 435 M -532 M -532 M
Net Debt 2019 4 550 M 705 M 705 M
P/E ratio 2019 -
Yield 2019 -
Capitalization 2 814 M 433 M 436 M
EV / Sales 2018 -
EV / Sales 2019 -
Nbr of Employees 4 506
Free-Float -
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Managers and Directors
Jing Gao Co-Chief Executive Officer & Director
Yan Cui President, Co-Chief Executive Officer & Director
Zheng Zhang Chief Financial Officer & Director
Bo Yang Shen Chairman
Bing Yu Chief Technology Officer