KPC announced on January 5 that due to job adjustments, Wu Wenduo will no longer hold the position of chairman of the company and will continue to hold positions such as the company's director. The board of directors of the company nominated Yu Xiang as the chairman of the company. The term of office begins on the date of review and approval by the board of directors of the company and ends on the date the 11th board of directors expires.

KPC announced on January 5 that due to job adjustments, Wu Wenduo will no longer hold the position of chairman of the company and will continue to hold positions such as the company's director. The board of directors of the company nominated Yu Xiang as the chairman of the company. The term of office begins on the date of review and approval by the board of directors of the company and ends on the date the 11th board of directors expires.