Adicon Holdings appoints 50-year-old Li Bo as a non-executive director, previously worked at Procter & Gamble and Yum! Brands.

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Rui Cai Jing Liu Zhiying On February 24, Adicon Holdings (09860) announced that Feng Junyuan has resigned as a non-executive director and a member of the Board Strategy Committee due to work arrangements; Li Bo has been appointed as a non-executive director, effective from February 24, 2026, and further appointed as a member of the Board Strategy Committee.

Li Bo, 50 years old, has extensive operational experience in the healthcare and consumer industries. Early in his career, from July 1998 to October 2004, Li Bo served as a Brand Manager at Procter & Gamble China. From October 2004 to February 2011, he held senior marketing and business director roles at Johnson & Johnson China and Johnson & Johnson Global (New Jersey). From February 2011 to November 2019, Li Bo served as Chief Marketing Officer at Yum China Holdings, leading overall marketing, sales, R&D, brand building, and digital transformation for KFC, Pizza Hut, and the Coffee Division. Subsequently, from November 2019 to December 2024, he was a Partner in Operations at Hillhouse Capital, and from November 2019 to July 2024, he served as CEO of Gaoyi Medical Group. Starting from March 2025, Li Bo has been serving as Managing Director of Asia at The Carlyle Group (the company’s controlling shareholder). Li Bo graduated from Peking University in 1998 with a Bachelor’s degree in Chemistry and a Bachelor’s degree in Economics.

Adicon Holdings is an investment holding company primarily engaged in independent clinical laboratory (ICL) services. The company mainly provides testing services to hospitals, medical institutions, health check-up centers, consumers, pharmaceutical companies, and Contract Research Organizations (CROs).

In the first half of 2025, Adicon Holdings reported revenue of 1.271 billion yuan, a decrease of 13.31% year-on-year; net profit was 2.8569 million yuan, a decrease of 262.2% year-on-year.

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