The company's Board of Directors elected Dai Zhili as the Chairman of the company's seventh Board of Directors, with a term starting from the date it was approved at the sixteenth meeting of the seventh Board of Directors until the end of the seventh Board's term. According to the company's Articles of Association, the company's legal representative will change to Dai Zhili. The company will handle the related registration and change matters as soon as possible in accordance with regulations. The Board of Directors agreed to adjust He Liu, the Chairman of the Strategic Committee and a member of the Nominating Committee of the seventh Board of Directors, to be Dai Zhili.