Yatai Group: Vice Chairman Liu Xiaofeng Resigns

On August 7, Yatai Group announced that Liu Xiaofeng, vice chairman of the company, resigned as vice chairman and director of the thirteenth board of directors for personal reasons, and no longer served as a member of the strategic committee of the board of directors, and no longer held any position in the company after his resignation. Liu Xiaofeng's resignation will not affect the normal operation of the board of directors, and the company will identify new directors and complete the by-election as soon as possible. The company and the board of directors expressed their gratitude to Liu Xiaofeng for his contribution to the development of the company.