On December 18, Master Kong Holdings announced on the Hong Kong Stock Exchange that CEO Chen Yingrang has decided to retire and will not renew the service contract with the company. The contract expires on December 31, 2025. The board of directors announced the appointment of Wei Hongcheng as CEO of the company, effective from January 1, 2026. Wei Hongcheng will also continue to serve as Executive Director.

On December 18, Master Kong Holdings announced on the Hong Kong Stock Exchange that CEO Chen Yingrang has decided to retire and will not renew the service contract with the company. The contract expires on December 31, 2025. The board of directors announced the appointment of Wei Hongcheng as CEO of the company, effective from January 1, 2026. Wei Hongcheng will also continue to serve as Executive Director.