The Hong Kong Jockey Club (HKJC) held its annual general meeting, electing Mr. Liao Changjiang as the chairman for the 2025/26 term, and Mr. Huang Jiachun as the vice-chairman. Mr. Liao Changjiang succeeds Mr. Li Zihou, who served as chairman for the past three years and has been with the club for 19 years, stepping down from the board after this meeting.
Two new directors were also elected at the meeting to fill the vacancies left by Mr. Li Zihou and Dr. Yang Shaoxin, who did not seek re-election. Mr. Yuan Guoqiang will serve a two-year term, and Mr. Luo Shuohan will serve a three-year term. Additionally, rotating directors Mr. Liao Changjiang, Mr. Wei Anzu, and Mr. Hu Jiapeng were re-elected, each for a three-year term.
After the board meeting, Mr. Liao Changjiang delivered a speech thanking and highly praising Mr. Li Zihou's leadership: "During his tenure, Mr. Li Zihou steadily led the club, successfully guiding the institution through the post-pandemic transformation period and ensuring that the club continues to fulfill its mission of building a better society, laying a solid foundation for future development."
Looking forward, Mr. Liao Changjiang stated: "I am deeply honored to serve as the chairman of the club. The club's world-class racing events and entertainment activities attract horse enthusiasts from Hong Kong, mainland China, and overseas, and the horse industry in the Guangdong-Hong Kong-Macao Greater Bay Area also holds great potential. The club will continue to focus on its core mission to create value for society."
Mr. Yuan Guoqiang joined the club in 2001 and has been a selection member since 2020, currently serving on the Happy Valley Clubhouse Subcommittee; Mr. Luo Shuohan joined in 2010, became a selection member in 2021, and is now a member of the Sha Tin Clubhouse Subcommittee.
Founded in 1884, the Hong Kong Jockey Club combines horse racing and racetrack entertainment, membership clubhouses, gambling and lottery, and charity and community contributions, forming a unique integrated operational model. In the 2024/25 fiscal year, the club contributed a total of HK$39.1 billion to the Hong Kong SAR government and society, including HK$30.1 billion from betting taxes, profit taxes, and lottery funds, and HK$9 billion in approved charitable donations, making it the largest single taxpayer and major employer in Hong Kong, as well as one of the world's leading charitable donation organizations.