On July 25, 2025, Shichuang Energy (SH:688429) announced that it had received resignation letters from Mr. Chen Peiliang, a non-independent director of the company, as well as Mr. Yang Ligong, Mr. Cao Jianzhong, and Ms. Cao Yuhong, deputy general managers of the company.
Due to internal work adjustments, Mr. Chen Peiliang applied to resign from his position as a non-independent director of the company’s second board of directors. Similarly, for internal work adjustment reasons, Mr. Yang Ligong, Mr. Cao Jianzhong, and Ms. Cao Yuhong applied to resign from their positions as deputy general managers.
Following their resignations, Mr. Chen Peiliang, Mr. Yang Ligong, Mr. Cao Jianzhong, and Ms. Cao Yuhong will continue to work at the company, focusing on research and development.
