Kunlun Tech has completed its board reshuffle, with Fang Han taking over as chairman and general manager. The company held an extraordinary general meeting on July 10, electing the sixth board of directors. Non-independent directors include Fang Han, Liu Xiaoyu, Lyu Jie, and Pang Jilei. Zhou Yahui is no longer a director. The board also appointed Zhang Wei as chief financial officer, Lyu Jie as board secretary and deputy general manager, and Liu Juan as securities affairs representative. In the first quarter of 2026, Kunlun Tech reported revenue of 2.57 billion yuan and a net loss attributable to the parent company of 887 million yuan.
Beijing Kunlun Tech Co LtdBoard reshuffle and management changes, but no clear positive or negative signal; Q1 net loss of 887 million yuan is negative but historical.