KE Holdings appoints CEO Yongdong Peng to additional role of Board Chairman alongside COO Wangang Xu joining the of the Board of Directors

– CHINA, Beijing –  KE Holdings Inc. (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the appointment of PENG Yongdong, co-founder and current CEO and executive director, as the new chairman of the Board to succeed ZUO Hui who passed away on May 20, 2021.

The Company also announced the appointment of COO XU Wangang to the Board as a new executive director Board.

“We remain deeply saddened by the passing of Mr. ZUO, our visionary founder, the pioneer of our mission, and a leading figure in the industry who, at all times, devotes himself to exploration and innovation. From Lianjia to Beike, Mr. ZUO has established legendary milestones in China’s housing transactions and services industry. His invaluable legacy will continue to lead the growth of the Company. Meanwhile, Mr. ZUO’s beliefs and values are embedded in our corporate DNA, guiding the stability of our management team and the organic growth of our Company,” said PENG Yongdong.

He added: “As the founder of Beike, Mr. ZUO was our chairman and will be honored as our ‘chairman emeritus’ going forward, with the belief that Mr. ZUO and his spirit will be imprinted in our hearts. I hope all of us could carry Mr. ZUO’s belief of ‘doing the right thing even if it’s difficult’ and move forward on the long journey ahead of us in the housing transactions and services industry.”

“We are confident that, with the support and trust of our customers, employees, shareholders, and business partners, our management team will collectively and unswervingly strive to accomplish Mr. ZUO’s wish as well as our mission of ‘admirable service, joyful living.’” Mr. PENG concluded.

About KE Holdings Inc.

KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building the industry infrastructure and standards in China to reinvent how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 19 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build the industry infrastructure and standards and drive the rapid and sustainable growth of Beike.

For more information: https://ke.com/

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