At the shareholders' meeting of Foxconn Industrial Internet, it was announced that a rotating CEO system would be implemented to bolster corporate governance capabilities. Chief Data Officer Liu Zongchang has been appointed as the inaugural rotating CEO for a one-year term. Chairman Zheng Hongmeng emphasized that this system aims to enhance decision-making processes, foster greater business collaboration, and offer developmental opportunities for aspiring managers. Liu Zongchang pledged to invigorate the organization and drive the company's scientific advancement forward.