Xinyuren announced that non-independent director, deputy general manager, and board secretary Cai Linsheng has resigned from all positions due to family reasons, and will no longer hold any role at the company. Cai Linsheng previously won the New Fortune Golden Board Secretary award for the 17th and 18th editions. He was appointed as deputy general manager and board secretary of Xinyuren on May 2, 2026, and submitted his resignation just three months later. The company promptly appointed Yang Kun as the new board secretary. However, as Yang Kun has not yet obtained the board secretary training certificate for the STAR Market of the Shanghai Stock Exchange, the duties of board secretary will be temporarily performed by chairman Yang Zhiming until Yang Kun obtains the relevant certificate, at which point the appointment will formally take effect.
XINYUREN ORD A (SHH) EQSW Exp:Board secretary resigns after three months; temporary replacement by chairman until new secretary obtains certification, creating governance uncertainty.
