Gelonghui April 7th 丨Xinhongtai (603016.SH) announced that the company recently received reports of resignations from Zhao Minhai and Gao Yanmin. Zhao Minhai resigned as chairman and Gao Yanmin resigned as vice chairman.

All members of the board of directors agreed to elect Ding Kui as the chairman of the fifth board of directors, and Zhao Minhai as the vice chairman of the fifth board of directors, until the end of the current board of directors. Ding Kui and Zhao Minhai meet the qualifications required by relevant laws and regulations such as the “Company Law” and “Securities Law”.