Chongqing Yukaifa Chairman Chen Ye Resigns

Management
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Chongqing Yukaifa announced that Chairman Chen Ye, General Manager Luo Yi, and Executive Deputy General Manager Nie Tao have resigned due to work adjustments. Chen Ye stepped down as Chairman and as Chairman of the Board's Strategy Committee, and will no longer hold any position at the company. Luo Yi resigned as General Manager and has been reassigned as Party Secretary and Director. Nie Tao resigned as Executive Deputy General Manager and has been reassigned as Deputy Party Secretary.

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