On June 3, Jiangsu Baoxin Science and Technology announced that He Deyong, director, vice chairman and President of the company, resigned for personal reasons and no longer held any position in the company after his resignation. Earlier
, on May 30, the board of directors of the company had agreed to appoint Ma Lin as president.
Over the past year, the top management of Baoxin Science and Technology has changed frequently. In May
2024, He Deyong, who has the working background of Suntech Power and GCL Integration, took over from Wang Siqi, the former post-90s chairman, and became the chairman and president of Baoxin Science and Technology. In October 2024, He Deyong resigned as chairman and became vice chairman and president. At the same time, Ma Lin was elected as the new chairman of the company. Less than a month later, He Deyong resigned again.
In addition, on February 28, 2025, Baoxin Science and Technology announced that Shen Qiang, the director, vice president and secretary of the board of directors of the company, resigned, and the post of secretary of the board of directors was temporarily replaced by Ma Lin, the chairman of the company.