Management ChangeMay 20, 2026, 04:14 PM
ReTo Eco-Solutions Appoints Johnny Tiong Sie Wei as CEO
AI Summary
ReTo Eco-Solutions, Inc. announced several executive changes effective May 20, 2026. Johnny Tiong Sie Wei, a current director, has been appointed as the new Chief Executive Officer. Guangfeng Dai stepped down from his roles as Chief Operating Officer and President but will continue to serve as the Chairman of the board. Xinyang Li transitioned from Chief Executive Officer to President and Chief Operating Officer.
Key Highlights
- Johnny Tiong Sie Wei, a current director, has been appointed Chief Executive Officer.
- Guangfeng Dai stepped down as COO and President but remains Chairman of the board.
- Xinyang Li transitions from CEO to President and Chief Operating Officer.
- Mr. Wei entered a two-year labor contract with an annual base salary of RMB420,000.
- The contract includes social insurance and other employee benefits per Chinese laws.
- Mr. Dai and Mr. Li continue their employment agreements with amended roles.
Price Impact
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