ST Jingu's board of directors was recently changed. Although the previous board of directors had been in service for almost a year, and several negotiations had been unsuccessful during this period, the company's top two shareholders, China Thai Guarantee, and Jinggu Senda, have reached agreement on the selection issue. China and Thailand, the largest shareholders, nominated five people, and Jinggu nominated four people. At the re-elected shareholders' meeting, the two major shareholders enjoyed a rare conversation. However, behind this, in fact, the underlying reason is that the boss of the Sino-Thai guarantee has changed.

According to reports, the new owner of the Sino-Thai Guarantee is Gong Pingyang, who is currently the president of the Sino-Thai Guarantee. The Hunan Bank, which it leads, will completely take over the Sino-Thai Guarantee and its subsidiaries in the future, but currently the assets have not been fully transferred. The direct impact of the change in the actual controller between China and Thailand was to resolve the previous lack of management. In the past, Jinggu Forestry had always been represented by the immediate family of the former boss, which seemed like a futile establishment. China and Thailand said that in the future, Jinggu Forestry will develop in three main areas. First, resume normal production in Jinggu Forestry. Currently, Jinggu Forestry's debt is high, and the main business is losing money, and is also accompanied by lawsuits, causing the two workshops to stop production. After examining domestic and foreign companies, China and Thailand believe that the company's main business has a profit advantage, that its main business will not change, and that it is necessary to increase development. The top priority is to resume production in the discontinued workshop. Second, the underforest industry will be developed in the future; third, the local tourism industry will also be the focus of the investigation.

Immediately after the establishment of the new board of directors, it announced ten opinions on key tasks during the year, including layoffs and increased efficiency, technological transformation, etc. If effectively implemented, the company's production and operation are expected to gradually resume in the second half of the year.