Xinyaqiang announced on October 15 that the board of directors of the company recently received a written resignation report submitted by Chairman Qi Weitai. Qi Weitai applied to resign as chairman of the company and a member of the board strategy committee due to job transfer. After his resignation, he no longer held any position in the company. His resignation report took effect on the day it was delivered to the board of directors. As of the disclosure date of the announcement, Qi Weitai did not hold shares in the company, had no unfulfilled public promises, and had completed the handover process in accordance with relevant regulations.

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