According to Lu Yin Investment's announcement, the company recently received a written resignation report from Chairman Yang Yaodong. Yang Yaodong applied for personal reasons to resign as the company's director, chairman, and member of the board strategy committee. After his resignation, he no longer held any position in the company. The resignation report took effect from the day it was delivered to the board of directors. This resignation has not caused the number of board members of the company to fall below the minimum required number, and will not affect the normal operation of the board of directors and the daily operation of the company. The company will complete the by-election of vacant directors and chairman as soon as possible.

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