There has been a change in senior management at the Pangdonglai Group.

Tianyancha's business information shows that recently, there have been changes in the business of Xuchang Pangdonglai Trading Group Co., Ltd., with Yu Donglai being appointed as a director and several executives experiencing changes. Xuchang Pangdonglai Trading Group Co., Ltd. was established in September 1997, with Yu Donglai as the legal representative and a registered capital of 56.6 million RMB. Its business scope includes clothing washing, shoe repair, real estate development and sales, etc. Shareholder information shows that the company is jointly owned by Yu Donglai, Zhang Chunlan, Yu Dongming, and others.