Shenzhen Fangfang A announced that Mr. Tang Xiaoping will no longer hold positions such as chairman, director, legal representative and general manager of the company, and elected Mr. Chen Ming as the company's director. Mr. Chen Ming is the chairman and legal representative of the company, and serves as the chairman of the board strategy committee and the chairman of the board compliance committee.

Shenzhen Fangfang A announced that Mr. Tang Xiaoping will no longer hold positions such as chairman, director, legal representative and general manager of the company, and elected Mr. Chen Ming as the company's director. Mr. Chen Ming is the chairman and legal representative of the company, and serves as the chairman of the board strategy committee and the chairman of the board compliance committee.