The board of directors of Li Ning Company, Ltd. appointed Wang Yajuan as an independent non-executive director, effective December 21.
Wang is the chief marketing officer of Xingyin Information Technology Co., Ltd., which operates Xiaohongshu, a social media and e-commerce platform in China. Before joining Xingyin, Yajuan was the senior vice president of Weibo from 2014 to 2020.
Wang has over 20 years of experience in business administration.
Wang’s Board term runs for three years commencing. She is subject to retirement by rotation and re-election at the company’s general meetings in accordance with its articles of association.
Wang confirmed she met the independence criteria, according to Rule 3.13 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Ltd.
