The reporter learned that Li Fenggang, general manager of Beijing Hyundai, will officially leave office on November 1. At this point, it is exactly one year since he took up this position on November 10, 2025. On October 30, Beijing Hyundai insiders confirmed to reporters that Li Fenggang is leaving office soon. People familiar with the matter told the reporter that Li Fenggang's departure was not a simple personnel change. The reason behind his departure was differences between Beijing Hyundai's Chinese and Korean shareholders on the development path — in the past year, the 50:50 joint venture failed to reach consensus on core issues such as operating goals and cost reduction levels, and progress on localized reforms was blocked. Li Fenggang, the first Chinese general manager, happened to be at the intersection of contradictions.

The reporter learned that Li Fenggang, general manager of Beijing Hyundai, will officially leave office on November 1. At this point, it is exactly one year since he took up this position on November 10, 2025. On October 30, Beijing Hyundai insiders confirmed to reporters that Li Fenggang is leaving office soon. People familiar with the matter told the reporter that Li Fenggang's departure was not a simple personnel change. The reason behind his departure was differences between Beijing Hyundai's Chinese and Korean shareholders on the development path — in the past year, the 50:50 joint venture failed to reach consensus on core issues such as operating goals and cost reduction levels, and progress on localized reforms was blocked. Li Fenggang, the first Chinese general manager, happened to be at the intersection of contradictions.