CIMC Vehicles announced that company president Wang Zhujiang has resigned from his position due to personal health reasons, and will no longer hold any other position at the company after his departure. The board of directors has accepted his resignation and will promptly begin the process of appointing a new president. Until the new president takes office, the CEO and CFO will carry out the duties on an acting basis. At the same time, the board approved the appointment of Shu Lei as vice president, with a term running until December 31, 2028.
CIMC Vehicles (Group) Co. Ltd.President resigns due to health; leadership transition may cause uncertainty but new VP appointed.
