Evergrande. Photo: CFP

China Evergrande Group released an announcement on the resignation and appointment of its directors on Sunday, revealing that Xiao En has been appointed as executive director and Liang Senlin took the position of non-executive director. Lai Lixin and Huang Xiangui resigned as executive directors.

According to the announcement, Xiao En is the current Executive Director and Chairman of Evergrande Auto, as well as Chief Executive of Evergrande Group. 

Xiao joined the company in November 2013 and served as Chairman of Evergrande Travel Group and Evergrande New Energy Vehicle Group and has over 28 years of business experience.

Liang Senlin has over 30 years of experience in banking and asset management.

The announcement also showed that Lai Lixin resigned as the company's executive director to devote more time to other businesses of the Group while Huang Xiangui resigned due to health reasons. Both of them have no disagreements with the board.

As of the end of December, 92.9 percent of the projects nationwide had resumed construction, the group said in an announcement on its official WeChat account on January 17, noting that it has delivered 37,899 new homes to buyers in December with plans for 30,000 more homes in January.