Baibang Technology has elected a new board of directors and senior management team, with Chen Zhu appointed as chairman and general manager. The company held its second extraordinary general meeting of 2026 on July 29, electing Chen Zhu, Jia Ru, and Liu Tiefeng as non-independent directors, and Ye Ling and Xu Zhijian as independent directors, forming the sixth board of directors for a three-year term. At the same time, Xu Wenxian was appointed as deputy general manager, Chen Liya as chief financial officer, Jia Ru concurrently as board secretary, and Gao Hongwei as securities affairs representative. The company's actual controller, Chen Zhu, serves as both chairman and general manager, aiming to improve decision-making efficiency. In the first quarter of 2026, Baibang Technology achieved revenue of 91.23 million yuan and a net loss attributable to the parent company of 4.7 million yuan.
BYBON Group Co Ltd Class ABoard renewal and appointment of actual controller as chairman/general manager may improve decision-making efficiency, but company reported net loss in Q1 2026.