AutoStreets Development Ltd., a China-based provider of used car trading services, has reappointed Zhao Hongliang as executive director and CEO for a term of three years, effective May 28, 2025.
Zhao served as president of AutoStreets from October 2020 to March 2022 and was first appointed as CEO in March 2022. He has more than 25 years of experience in the automotive industry and an MBA from the University of Management Science and Technology and Fudan University.
Zhao does not receive a director’s fee, and his remuneration is reviewed by the remuneration committee and determined at the discretion of the board. He has an interest in 7,504,800 AutoStreets shares through Hongrun Investment Development Limited.
AutoStreets also announced the resignation of Zhu Yi from the position of non-executive director, effective May 28, 2025.
