Zhitong Finance APP reported that Dashang Co., Ltd. (600694.SH) announced that the board of directors recently received written reports from Mr. Lv Weishun, Ms. Yan Li, Mr. Zhang Xueyong, and Ms. Chen Jingxia. Due to work adjustments, Mr. Lv Weishun will no longer serve as the company's chairman and will relinquish all positions within the board of directors' professional committee, and will not hold other positions within the company thereafter. The board of directors expresses heartfelt gratitude to Mr. Lv Weishun for his contributions to the company's enhancement and development during his time as chairman. Mr. Zhang Xueyong will no longer serve as a director of the board or as a member of the global strategy committee but will continue to hold the position of deputy general manager. Ms. Chen Jingxia will no longer serve as deputy general manager but will continue to hold other positions within the company. Ms. Yan Li will no longer serve as the general manager but will continue to hold other positions within the company.

The board of directors reviewed and approved the 'Proposal on the Appointment of the Company’s General Manager', appointing Mr. Chen Deli as the company's general manager (CEO), with a term starting from the date of the board of directors' approval until the end of the current board term. Second, the board approved the 'Proposal on the Election of the Eleventh Board of Directors' Vice Chairman', and elected Ms. Yan Li as the vice chairman of the company's eleventh board of directors, concurrently serving as the chief financial officer, responsible for accounting work, with a term starting from the date of the board's approval until the end of the current board term; Ms. Song Xiaojing will continue to serve as the head of the company’s accounting institution (finance minister).