It is understood that since Liu Qiangdong stepped down as CEO of Jingdong Group for about two months, he has reduced his holdings of stocks several times, cashing out a total of about 2.2 billion yuan.
On April 7, JD.com announced that Liu Qiangdong would step down as CEO and be replaced by President Xu Lei.
Jingdong said that Liu Qiangdong will devote more energy to long-term strategic design, major strategic decision-making and deployment, training of young leading talents and rural revitalization.
In May this year, according to the disclosure of rights and interests of the Stock Exchange, Liu Qiangdong reduced his holdings of JD Health twice, involving about 8.8404 million shares, and cashing out a total of nearly 440 million yuan. After the reduction, its shareholding in JD Health dropped from 68.94% to 68.66%.