Before his appointment, he had been the Chief Investment Officer and acting CEO of the company.

Dasin Retail Trust Management (DRTM) has appointed Wang Peng as the new CEO of the company effective 25 October, according to a bourse filing.

Wang will be responsible for the management and operations of DRTM and will work with the board to determine business strategies and ensure that such strategies are executed.

Before his appointment, Wang has been the Chief Investment Officer (CIO) of the company since 13 February and the acting CEO since 22 February.

Moreover, he was also a previous employee of Sino-Ocean Group, being the director of the investment centre of Sino-Ocean Group Beijing Development Division from March 2021 to June 2023.