Several executives resign from Chengdu Hongqi Chain (002697.SZ) and the company accelerates development in the AI field and in the southern region of Sichuan.

Chengdu Hongqi Chain (002697.SZ) announced that the current retail industry is facing a transformation period where traditional consumption growth is weak, while new technologies led by emerging consumption and AI bring new opportunities. In order to adapt to the development needs under the new situation, the company has made adjustments to its management team. Vice General Managers Zhang Ying, Wan Chun, Hong Fan, and Yang Yuanbin have submitted written resignation reports to the Board of Directors today according to the adjustment. After the adjustment, the four Vice General Managers will no longer hold the position of Vice General Manager, but will continue to serve as the main responsible persons of their respective departments. Meanwhile, Yuan Jiguo has resigned from the position of Board Secretary. In order to ensure the orderly operation of the Board of Directors and the disclosure of company information, until a new Board Secretary is appointed, Chairman Yuan Jiguo will act as the Board Secretary. While the company is deepening its market in the greater Chengdu area, it is also increasing channel penetration in other regions of Sichuan province to better serve the needs of residents in those areas. As a result, the company is preparing for the establishment of a third logistics center in the southern part of Sichuan. To accelerate technological innovation, the company is conducting research and innovation on the Siasun Robot&Automation unmanned vending system. Through cooperation with leading humanoid Siasun Robot&Automation enterprises, the company is integrating core technologies such as AI visual recognition and intelligent path planning to create intelligent retail solutions that are both flexible and commercially valuable. At the same time, the company is actively implementing a talent strategy in the AI field, hoping that in the future, by introducing high-tech talents in the AI field, it can strengthen core capabilities such as algorithm optimization, Siasun Robot&Automation autonomous decision-making, and promote technological iteration and scene expansion.