On October 13, according to China Great Wall Asset Management's WeChat official account, China Great Wall Asset Management Co., Ltd. held the 36th meeting of its second board of directors on October 11. The meeting reviewed and approved the "Proposal on Electing Xiang Dang as Chairman of the Company" and reviewed the "Report on the Resignation of the Company's President." Currently, the relevant qualification procedures for Xiang Dang's appointment are being processed.
China Great Wall Asset Management Co., Ltd. announced that the company's board of directors has accepted Xiang Dang's resignation letter regarding his position as President of the company, and he will no longer serve as President. To ensure the normal operation of the company's business management, Xiang Dang will act as President until a new President takes office.
China Great Wall Asset Management Co., Ltd. stated that previously, following research and decision by the higher-level Party committee, Xiang Dang was appointed as Party Secretary of China Great Wall Asset Management Co., Ltd.
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