Chen Jianfeng quits as China Yuanbang Property Holdings executive director and chairman
He is a substantial shareholder of the company and his spouse is an executive director of Nanchang Changhao Real Estate Consultancy, a subsidiary of the company.
China Yuanbang Property Holdings announced the resignation of Chen Jianfeng as executive director and chairman.
Mr Chen, 51, was in charge of the overall management of the sales and marketing activities as well as the business of the group. He was also a member of the Nominating Committee and chairman of the China Yuanbang Share Option Scheme Committee.
He stepped down due to personal reasons, according to a China Yuanbang Property Holdings report.
He was appointed to the post on 20 December 2006.