PENGO HLDG GP (01865.HK): appoints Xu Chao as executive director
- Xu Chao, 31, has over eight years of experience in capital operations and corporate management.
- He signed a letter of appointment for an initial one-year term and is subject to retirement by rotation.
NewTimeSpace News: On 4 November 2026, Pengo Holdings Group Limited (stock code: 01865) said Xu Chao has been appointed an executive director with effect from 4 November 2026. Xu, 31, graduated from Shandong Vocational College of Science and Technology in 2017 with a diploma in computer application technology and has over eight years of experience in capital operations and corporate management.
Xu joined Honghu Capital Holdings Group in 2018, rising through investment roles to investment director; in 2025 he became executive president of Zhishengbang Digital Investment Bank Limited, and since August 2026 has been chairman, director and legal representative of Chengfeng Holdings Limited (Hong Kong). He signed a letter of appointment for an initial one-year term, subject to retirement by rotation, and receives director's fees of HKD 96,000 a year plus a discretionary bonus.
