# Li Weiping
Latest news and articles about Li Weiping
Total: 2 articles found
Three CEOs in Two Years: How Sun Art’s New Owner Is Rewiring a Hypermarket Giant
Sun Art has replaced three CEOs in under two years as Dehong Capital reshapes the hypermarket into a leaner, fresh‑focused omnichannel retailer. A company veteran delivered a return to profit by restoring price credibility and cutting costs, a short‑lived successor sketched a fresh‑led, near‑market transformation, and Dehong’s co‑founder has now taken the helm to marry operational fixes with capital‑driven value extraction.
Sun Art Parent’s CEO Disappears Two Months Into Role; Police Involvement Sparks Governance Concerns
GaoXin Retail, parent of Sun Art (大润发), announced it cannot contact CEO Li Weiping, who assumed the role two months ago. Media accounts say he was taken by police to assist an investigation; the company says operations are normal and the chairman will temporarily run daily management.