Phoenix Satellite TV announced yesterday that Xu Wei, a spokesman for the former Shanghai Municipal People's Government and Director of the Municipal Government News Office, was appointed as the company's chief executive officer yesterday; for three years, the annual salary was HK $ 2.8 million ($ 480,000)Essence

According to Reuters, the announcement issued on the website of the Hong Kong Stock Exchange shows that Xu Wei, 54, has worked at the Shanghai Branch at the British Finance Times this year.The chief editor, the spokesperson of the Shanghai World Expo Affairs Coordination Bureau, the Minister of the Press Propaganda Department, the spokesperson of the Shanghai Municipal People's Government, the director of the Municipal Government News Office, and the secretary of the Party Committee and researcher of the Shanghai Academy of Social Sciences.

Phoenix Satellite TV issued an announcement yesterday stating that Liu Changle has stepped down as the president of the company due to other work arrangements, and will take effect yesterday, but will continue to serve as the chairman and executive director of the board of directors.

According to the Chinese media Caixin reported on Thursday, Sun Yusheng, the former deputy editor -in -chief of CCTV and deputy director of the Central Radio and Television General Taiwan, served as the executive vice president of Phoenix Satellite TV, and his work was responsible for the Chief Executive CEO.It is reported that Sun Yusheng will be responsible for Phoenix Satellite TV program planning, program style, program content, program production, and coordinate the management of various channels.

Recently, Phoenix Satellite TV has been stirred by market funds for changes in advanced management. As of February 19, Phoenix Satellite TV has increased by nearly 200%.