Jiangsu Goodwe Power Supply Technology Co.,Ltd. announced that the board of directors recently received the resignation report from director, vice general manager, and core technical staff Fang Gang. Due to personal reasons, Fang Gang applied to resign from the positions of company director, vice general manager, and member of the board of directors' strategic committee, and will no longer serve as a core technical staff of the company. After resigning, Fang Gang will no longer hold any position in the company. The company has signed a confidentiality agreement with Fang Gang, and his departure will not affect the integrity of the company's patents and other intellectual property, nor will it have a significant adverse impact on the company's business development and technological innovation.