On February 14, Xinhualian Cultural Tourism Development Co., Ltd. (hereinafter referred to as “Xinhualian cultural tourism”) held the 11th meeting of the 10th board of directors and adopted the opinion of the board of directors on appointing Yang Yunfeng as the new president.

According to public information, Yang Yunfeng was born in December 1975, only four years younger than Gou Yongping, the former president of Xinhualian cultural tourism; Yang Yunfeng has worked in the president’s office of Hunan Xinhualian Industrial Investment Co., Ltd. since July 1998, so he has joined Xinhualian group for more than 23 years, and his qualifications are still very deep.

Yang Yunfeng’s resume shows that he has a bachelor’s degree, but he has not disclosed his graduation school. The reason is not clear for the time being.

At the beginning of 1999, Yang Yunfeng went north to Beijing. From December 2004, he successively served as the assistant general manager of Beijing tomorrow Trading Co., Ltd. and the marketing director of Beijing Xinhualian Real Estate Development Co., Ltd; The latter naturally belongs to the real estate business sector of Xinhualian, but according to the enterprise search results, it seems that no company named “tomorrow commerce” can have a direct relationship with Xinhualian.

From January 2005 to December 2006, Yang Yunfeng ushered in the first core position of his career. He was transferred to Xinhualian Holding Co., Ltd., the shareholder of Xinhualian cultural tourism, and served as the executive deputy director of the president’s office; Later, he returned to the front line of business and served as the general manager of Beijing Xinhualian Weiye Real Estate Co., Ltd. for more than ten years.

Yang Yunfeng’s performance at work made him the vice president of Xinhualian culture and tourism in May 2011. He has been in this position until he was changed to President in February this year.

According to public data, Yang Yunfeng’s salary in 2020 was 1.3399 million yuan. At the same time, he held 88300 shares of Xinhua union cultural tourism, which still lags behind Gou Yongping’s salary of 1.9488 million yuan. In addition, during the same reporting period, the salary of deputy general manager Yu Xin was 1.5866 million, which was also slightly higher than him. However, among the executives who announced their salaries, he was still at the forefront.

On June 24, 2019, the board of directors of China Securities Regulatory Commission filed an investigation into the alleged short-term trading of shares by Yang Yunfeng and Yang Yunxin. In July 2020, Xinhualian announced that Mr. Yang Yunfeng, a director and senior manager of the company, received the notice of investigation (No.: Jing Cha Zi 19025) from the China Securities Regulatory Commission in June 2019.

Yang Yunfeng received the decision on administrative punishment ([2020] No. 3) from the Beijing regulatory bureau of the China Securities Regulatory Commission. According to the provisions of article 195 of the securities law of 2005, the punishment results are as follows: Yang Yunfeng will be given a warning and fined 30000 yuan.