Wang Pengyao, chairman and general manager of Penyao Environmental Protection, applied to resign from the general manager position on July 3, 2026, and will continue to serve as chairman and legal representative after stepping down. The company announced on July 6 that the move aims to implement a dual-driver strategy of traditional core business plus emerging business and to optimize the governance structure. On the same day, the board appointed Jiang Yongjun as the new general manager, with a term lasting until the end of the fifth board of directors. Jiang Yongjun joined the company in 1997 and has served as head of the administration department, head of the business department, and deputy general manager. He is currently a director and holds 847,500 shares of the company.
Penyao Environmental Protection Co Ltd Class AManagement change with unclear impact on performance; dual-driver strategy mentioned but no concrete results.