Zhejiang Bofei Electric's General Manager Yin Zhengzhong has resigned from the position for personal reasons and will no longer hold any role in the company or its subsidiaries. Chairman Lu Yunfeng will assume the duties of general manager until a new one is appointed. The company stated that the controlling shareholder and actual controller Lu Yunfeng serving as both chairman and general manager will help improve decision-making efficiency without affecting the company's independence.
Zhejiang Bofay Elec Co LtdGeneral manager resigns for personal reasons; chairman assumes role, impact unclear.