Rongfeng Holding announced that Yin Jianjun, a director of the company's eighth, ninth, tenth, and eleventh boards, passed away due to illness in Beijing on July 22, 2026, at the age of 75. Following Yin Jianjun's passing, the number of current directors has decreased from seven to six, falling below the number stipulated in the company's articles of association. The company will complete the by-election of directors as soon as possible. Yin Jianjun previously served at several listed companies, including Mingjiahui and Yaoji Technology, and had been serving on Rongfeng Holding's board for nearly ten years since December 2016. Just before the announcement, Rongfeng Holding's shares had just hit two consecutive daily limit ups, surging a cumulative 21.03 percent from July 23 to 24.
Rongfeng Holding GroupDirector's death reduces board size below charter minimum, but stock had already surged on unrelated factors; net impact unclear.
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