Rongfeng Holdings: CEO Chu Jianzhong has resigned for personal reasons.

Rongfeng Holdings announced on August 12 that the company's board received a written resignation letter from director Chu Jianzong on August 11, 2026. Chu Jianzong has resigned from his positions as a director and executive president of the company for personal reasons and will not hold any position in the company or its subsidiaries after his resignation. The resignation will take effect from the date it was delivered to the company's board.