According to the Tianyancha App, on October 30th, Unilever (China) Investment Co., Ltd. underwent a business change, with Qu Wei stepping down as the legal representative and chairman, and Chen Ge taking over. At the same time, there was a change in directors.
Unilever (China) Investment Co., Ltd. was established in December 1994 with a registered capital of approximately 470 million US dollars. Its business scope includes investing in areas allowed by the state for foreign investment in accordance with the law. It is wholly owned by MAVIBEL BV through participation in the board of directors, decision-making, and management of the invested enterprises. In August of this year, Unilever appointed former executive of Friesland, Chen Ge, as the President of Unilever China and General Manager of the Beauty and Health Business Unit in China, while Qu Wei has decided to leave Unilever.