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Zotye Auto has officially declared that on December 29, Li Lizhong, who served as the company's chairman, tendered his resignation. He relinquished his roles as chairman of the ninth board of directors, director, and other related positions, attributing his decision to personal and family circumstances. Following his departure, Li Lizhong will cease to occupy any post within the company. Zotye Auto is committed to swiftly finalizing the election of a new chairman and will promptly share relevant details with the public. In the interim, the board of directors has given its nod to propose Han Biwen as a candidate for the position of non-independent director on the ninth board of directors. Han Biwen's tenure will commence upon approval by the shareholders' meeting and conclude on the same day as the expiration of the ninth board of directors' term.
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