According to the Securities Times, on the morning of March 26, the reporter learned from Bitmain that the company issued an internal letter announcing that Wang Haichao is the company's CEO and that Wu Jihan will continue to serve as the company's director, and that the company's IPO applications will expire soon. Currently, the company has sufficient cash, and the supply chain is operating normally. With the introduction of new products, sales performance began to rise month by month. Bitmain is already the second largest chip design company in China and the top ten largest chip design companies in the world without a fab. The listing process will resume at an appropriate time in the future.