WDM: Chairman Hu Ziqiang resigns, Ma Chibing elected as the new chairman

WDM announced that the company's chairman Hu Ziqiang resigned from his position as chairman and other roles for personal reasons, with the resignation taking effect from the date the resignation report is delivered to the board of directors. Hu Ziqiang did not hold any shares in the company during his tenure. The company's board of directors expressed gratitude for Hu Ziqiang's contributions during his time in office. On the same day, the company elected Ma Chibing as the new chairman, with a term starting from the date of the board's approval until the end of the tenth board's term