Sequoia China founding partner Shen Nanpeng retires as non-executive director of Meituan

According to news from this site on June 14, Meituan announced on the Hong Kong Stock Exchange tonight that after the annual general meeting of shareholders, due to other work arrangements, Shen Nanpeng will retire from the position of non-executive director . Shen Nanpeng has confirmed that he has no differences of opinion with the board of directors, and there are no other matters related to his retirement that need to be brought to the attention of shareholders.

On June 14, 2024, the board of directors includes executive directors Wang Xing and Mu Rongjun, and independent non-executive directors include Gordon Ou, Leng Xuesong, Shun Xiangyang and Yang Minde.

## This site learned from public information that Shen Nanpeng Born in 1967 in Haining City, , Zhejiang Province. In 1989, Shen Nanpeng was admitted to the Department of Mathematics at Columbia University. In 1990, he dropped out of Columbia University and re-applied to Yale University, and received an MBA from Yale University Business School in 1992 In the same year, Shen Nanpeng joined Citibank. In 1994, he returned to China and joined Lehman Brothers Asia, responsible for investment banking projects, and later moved to Deutsche Bank.

In 1999 and 2002, Shen Nanpeng founded Ctrip travel network and Homeinn hotel chain respectively, and both were listed on Nasdaq . In August 2005, Shen Nanpeng bid farewell to Ctrip and joined Sequoia Capital as a founding partner of Sequoia China, starting his investment career. As of 2024, Shen Nanpeng has been on the Forbes list of the world's best venture capitalists 13 times, and has topped the list 4 times.

As of December 31, 2023, Meituan’s 2023 annual report shows that Shen Nanpeng controls 104,650,622 shares through Sequoia Capital, holding a total of 1.67% of Meituan’s equity .

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