Jiang HuaWei announced that on August 4, the company received written resignation reports from 8 people including Yin Fuhua and Jiang Tao. Yin Fuhua resigned as chairman; Jiang Tao, Xu Xiaofei and others resigned as directors; Fei Zhuhai resigned as financial director. Due to the resignation, the number of board members will fall short of the required number, and the relevant personnel will continue to perform their duties until new personnel are elected. The company will complete the selection process as soon as possible. As of the disclosure date, Yin Fuhua and Yao Wei held shares in the company and had unfulfilled public promises.

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