Ant Group completed a board reshuffle, appointing three new independent
directors: Bai Chong'en, dean of Tsinghua University School of Economics and
Management; He Xiaopeng, chairman and CEO of XPeng Motors; and Zeng Shunfu,
former CEO of Deloitte China. Former HKEX chair Shi Meilun and AI scholar Zhang
Hongjiang remain on the board. The board stays at nine members, with independent
Directors exceeding 50%, a move the group says strengthens governance.