Wisetong Financial APP News, Zotye Automobile (000980.SZ) announced that the board of directors approved the appointment of Mr. Fan Chengwei as the company's vice president, with the term from the date of the board resolution to the expiration of the eighth board term. The board of directors authorized Mr. Fan Chengwei, the vice president of the company, to perform the duties of the president until the appointment of the new president by the board of directors, during which Mr. Hu Zeyu will not act as the company's president.