Gelonghui, Feb. 8 | Youfang Technology (688159.SH) announced that the company recently received a resignation application from the financial director, Mr. Li Yingeng. He applied to resign as financial director due to personal family reasons. He will not hold any position in the company after his resignation. His resignation application took effect after the company hired a new financial director. As of the date of this announcement, Mr. Li Yingeng has indirectly held 114,746 shares of the company.

Following the nomination of the general manager, the Board of Directors Nomination Committee and the Audit Committee examined the CFO candidate's own opinion. After review at the 24th meeting of the third board of directors of the company, the board of directors agreed to appoint Mr. Qiu Fangyong as the company's financial director for a term beginning on the date of approval by the current board of directors and ending on the date the term of the third board of directors expires.