On August 6, Guangxi Investment Group Co., Ltd. issued an announcement stating that in accordance with the spirit of the relevant documents, Yang Yuzhi was officially appointed as Vice Chairman and General Manager of Guangxi Investment Group. According to her resume, Yang Yuzhi was born in February 1972 with a master's degree in economics. He worked in the banking system of China for a long time, and served as general manager of the personal finance department of the Guangdong branch of the Bank of China, the head of the Shantou branch, and the general manager of the channel management department; later, he became the deputy mayor of Hezhou, Guangxi, a member of the Standing Committee of the Hezhou Municipal Committee, and head of the United Front Work Department. Prior to joining the Guangxi Investment Group, Yang Yuzhi held the position of Deputy Party Secretary, Vice Chairman, and Governor of Guangxi Beibu Gulf Bank.

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