Zongheng Communications announced on September 30 that Yu Gao has applied to resign from his positions as director and executive deputy general manager for personal reasons, and will no longer hold any other position at the company. The company held a board meeting and agreed to nominate Ye Jianping as a non-independent director candidate, with the term starting from the date of approval by the shareholders' meeting and ending on the date when the seventh board of directors' term expires. In the first half of 2026, Zongheng Communications achieved revenue of 984 million yuan and net profit attributable to the parent company of 14.92 million yuan.
Hangzhou Zongheng CommunDirector and deputy GM Yu Gao resigns for personal reasons; Ye Jianping nominated as non-independent director candidate — a governance/management change with no clear positive or negative driver.
