Newsletter summary

Mr. Zhang he, the supervisor of Yi Huatong, resigned because of the retirement plan, and nominated Mr. Liu Wei as the new supervisor, subject to the approval of the shareholders' meeting.

Text of news flash

* * Mr. Zhang he, the supervisor of Yihuatong, resigned as chairman of the board of supervisors due to the progressive retirement plan * * Mr. Zhang he, the supervisor, has announced his withdrawal from the board of supervisors and its chairman, which is his gradual retirement plan. * * Mr. Zhang he, the supervisor, resigned as chairman of the board of supervisors due to the gradual retirement plan.IcefishPart of it. Mr. Zhang he's resignation will take effect after the approval of the new supervisor at the company's annual general meeting, and he will continue to perform his duties as supervisor and chairman of the board of supervisors. It is also mentioned in the announcement that Mr. Liu Wei has been nominated as the supervisor of the third session of the Supervisory Committee of Yihuatong. Mr. Liu's nomination will not take effect until it is approved by ordinary resolution at the annual general meeting of the company. Yihuatong (02402) as a large-scale enterprise, changes in senior executives often have a certain impact on the operation of the company. The change of the chairman of the board of supervisors is of great significance to the future development and governance structure of the company. The industry is generally concerned about whether the appointment of the new supervisor will bring a new business direction to the company and what impact it will have on the company's stock price.