Management Overhaul at Wanwei High-Tech: General Manager Sun Xianwu Resigns, Xiang Xueyi Takes Over, Zhu Shengli Elected Chairman

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Wanwei High-Tech has disclosed a series of senior management changes. General Manager and Chief Financial Officer Sun Xianwu has resigned due to a change in work arrangements. His original term was set to run until January 15, 2027. After stepping down, he will continue to serve as a non-independent director and in other roles. The company has appointed Xiang Xueyi as the new General Manager and Tao Yong as Executive Deputy General Manager. Meanwhile, the board of directors has elected Zhu Shengli as Chairman of the ninth board, with a term lasting until January 15, 2027. Previously, Chairman Wu Fusheng resigned upon reaching retirement age, and Director Yuan Dabing resigned due to a work transfer. The company expects its net profit attributable to the parent company for the first half of 2026 to be between 300 million and 330 million yuan, representing a year-on-year increase of 17.23 percent to 28.95 percent.

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