Tieke Rail announced on July 31 that the board of directors received a written resignation report from Li Guoqing, the company's deputy general manager, on the same day. Since he had reached the legal retirement age, Li Guoqing applied to resign as the company's deputy general manager. According to relevant regulations, Li Guoqing's departure took effect on the day the resignation report was delivered to the company's board of directors. After Li Guoqing leaves office, the company plans to rehire him as a technical consultant at Tieke Technology Co., Ltd., a wholly-owned subsidiary.

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