#Textile chemistry

2026-03-05

DyStar Group announces Board transition to drive innovation

The appointment of Ruan Cunfan and the conclusion of Yao Jianfang’s tenure mark a seamless transition, reinforcing stability while opening doors to new opportunities.

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, announced today the appointment of Ruan Cunfan to its Board of Directors, effective 20 February 2026.

Ruan Cunfan graduated from Claremont McKenna College in the United States, holding dual bachelor’s degrees in Economics & Accounting and Chemistry. He currently serves as a Director and Assistant to the Chairman of Zhejiang Longsheng Group Co., Ltd., and as Assistant to Chairman of Longsheng Group Holdings (Shanghai) Co., Ltd. He brings extensive experiences, having built a distinguished career overseeing its Group real estate investment strategy, operations, and management. His appointment reflects the company’s commitment to strengthening governance and driving long-term strategic growth globally.

At the same time, Yao Jianfang will be stepping down from the Board. Since 2015, Yao has served with dedication and provided invaluable guidance throughout his tenure. The Board and management express their sincere appreciation for his contributions.

“The appointment of Ruan Cunfan marks an important step in strengthening our Board for the future,” said Ruan WeiXiang, Chairman, Board of Directors, DyStar Group. “His visionary expertise and innovative leadership will be instrumental as we continue to advance DyStar’s internationalization process. This transition reflects our commitment to leadership continuity, while also embracing new opportunities aligned with our long-term vision for responsible and resilient development.”

“We are delighted to welcome Ruan Cunfan to the Board at this pivotal moment in the Group’s journey,” said Xu Yalin, Managing Director, President and CEO of DyStar Group. “His fresh perspective and outstanding innovative capabilities will help us further expand our impact, while embedding sustainability deeply into every facet of our strategy. At the same time, we pay tribute to Yao Jianfang, thanking him for his past contributions to the Board, and we look forward to his continued insights and guidance at the shareholder level in support of DyStar’s growth.”

DyStar Group remains committed as it embarks on its next phase of growth. The Group looks forward to building stronger partnerships, advancing sustainability initiatives, and delivering enhanced value across its global operations.

Update on DyStar’s transition to full ownership of Zhejiang Longsheng Group

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, wishes to provide an update on the progress of Share Purchase Agreement signed for the acquisition of 37.57% of the issued share capital of DyStar Global Holdings (Singapore) Pte Ltd.

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