Guizhou Broadcasting & TV Information Network announced the replacement of a non-independent director and the appointment of Gong Yuanyuan as general manager. Upon recommendation by Guizhou Radio, Film & TV Media Group, the controlling shareholder of the company's controlling shareholder Guizhou Broadcasting, Film & TV Investment Co., Ltd., and following review and approval by the board's nomination committee, Ms. Gong Yuanyuan has been nominated as a candidate for non-independent director of the sixth board of directors. Mr. Zhang Xiaojian, the former director, will no longer serve in that role. This matter still requires deliberation at an extraordinary general meeting. Meanwhile, the board has approved the appointment of Ms. Gong Yuanyuan as the company's general manager, with a term consistent with that of the sixth board of directors.
Guizhou Broadcasting&TV InfoManagement change (director replacement and new GM) may signal strategic shift but impact unclear.