On October 15, JIUTONG (600998.SH) announced that due to work adjustments, Mr. He Wei, a director and general manager of the company, has submitted his resignation as general manager to the board of directors. At the chairman's suggestion, Mr. He Wei will also serve as vice president and general manager of the South China region.

According to the relevant provisions of the Company Law and the Company's Articles of Association, nominated by the company's chairman and reviewed by the board of directors and the remuneration and assessment committee, the board of directors agreed to appoint Mr. Gong Yihua, the vice chairman, as the company's general manager. They also approved the appointment of Mr. Liu Yichang as the company's business CEO, with the term of office from the date of this board meeting approval until the expiration of the sixth term of the board of directors.