State Cable Testing Announcement, the board of directors recently received Mr. Jiang Bin's written resignation report. The board of directors elected Huang Guofei as the new chairman, with a term from the date of approval at the fifth meeting of the second session of the board of directors until the expiration date. Mr. Huang Guofei holds a bachelor's degree, has worked at the Shanghai Cable Research Institute, and has served as deputy general manager and general manager of the company. His appointment as chairman will not affect the company's normal operation and daily management.