Mr. LI Yu, aged 40, was appointed as Chief Executive Officer on April 15, 2026. He is responsible for implementing and promoting the Group’s development strategies as well as the operation and improvement of the Group’s restaurant business. Mr. LI used to serve as the chief executive officer of the Company from March 30, 2023 to June 30, 2024, and has been serving as the chief operating officer of the Company since March 17, 2025. He holds directorships at 28 subsidiaries of the Group. Mr. LI has been tempered through numerous experiences in “Hard Bone” regions within the Group, leading stores in several countries out of management difficulties or operational downturns, demonstrating solid business acumen, a pragmatic management style, and tenacious problem-solving perseverance.
Mr. LI possesses over 18 years of extensive experience in the catering industry. He joined Haidilao International in November 2007. He was responsible for the operation and management of the Haidilao restaurants in Japan, South Korea, Thailand and Taiwan, China from May 2021 to March 2022 and was further appointed as the chief operating officer (Chinese mainland) from March 2022 to October 2022. Mr. LI also acted as an executive director of Haidilao International from August 2021 to September 2022.
Mr. LI completed the MBA program held by National Chengchi University (台灣政治大學) in Taiwan in October 2017.
Ms. QU Cong, aged 43, was appointed as the chief financial officer of the Group on August 29, 2023 and as a joint company secretary on December 30, 2022. She is responsible for overseeing financial and investment management of the Group, as well as corporate governance matters.
Ms. QU joined Haidilao International as the secretary of the board of directors in March 2018, while serving as a joint company secretary from May 2018 to May 2019. Since then, she successively served as a restaurant manager in October 2019, a coach in March 2020 and a regional manager in June 2021. Prior to the above positions, Ms. QU worked for the investment banking department of China International Capital Corporation Limited for nearly 10 years from July 2008 to February 2018, and held different positions including the executive director. She advised for dozens of companies of various sizes on their capital market and business transactions, including initial public offerings on the Stock Exchange, Shenzhen Stock Exchange and Shanghai Stock Exchange, placing, private equity financings and mergers and acquisitions. She has extensive experience with international capital market, corporate governance, communication with regulatory authorities and investor relationship.
Ms. QU obtained her bachelor’s degree in mathematics and applied mathematics and master’s degree in probability and statistics from Peking University in China in July 2005 and July 2008, respectively.