Shede Spirits Co., Ltd. convened its second extraordinary shareholders' meeting of 2026 on September 29, deliberating and approving proposals related to the board renewal election, resulting in the formation of the twelfth board of directors, with Tang Hui elected as chairman and concurrently serving as president. The new board consists of 11 directors, including non-independent directors Chen Chunlin, Chen Yihang, Zhou Bo, Tang Hui, Huang Zhen, and Tan Xiangyang; independent directors Liu Haiying, Yu Zhen, Xie Youping, and Ye Weiling; and employee representative director Liu Qiang, who was elected through the employee representative assembly on September 28. At the first meeting of the new board held the same day, it was approved that Tang Hui would continue as company president, Li Anhua and Luo Chao would serve as vice presidents, Zhong Lingyao would continue as chief financial officer, and Zhang Wei would continue as board secretary. Tang Hui, aged 46, has 20 years of experience within the Procter & Gamble system and has served as president of Shede Spirits since December 2023. This renewal received unanimous recognition from the two major shareholders, Fosun and the Shehong municipal government. The representation of both parties on the board remains consistent with the previous term, and the Shehong municipal government has for the first time recommended Tan Xiangyang, who comes from the financial system, to join the board and serve as a member of the strategy committee.
Procter & Gamble CompanySichuan Tuopai Shede Wine Co LtdShede Spirits completed a board renewal and re-elected Tang Hui as chairman/president; a governance change with no clear product, financial, or operational driver.
