Recently, Douyin Payment has obtained regulatory approval for changes in two key positions. According to the Hubei Branch of the People's Bank of China, Zhang Mengdi has been appointed as the new head of compliance and risk control at Douyin Payment Technology Co., Ltd., while Zhang Wei has been appointed as the new technical head. Wang Pengbo, chief analyst at Botong Consulting, stated that the current payment regulatory regulations designate these two types of positions as statutory senior management positions, requiring prior approval for personnel changes. This change represents a mandatory requirement for institutions to ensure compliance with corporate governance standards.