Core Viewpoint - *ST Sailong (002898) has undergone a change in control, leading to the resignation of all members of its fourth board of directors, including key executives and board members [1][3][4]. Group 1: Board Resignations - The entire fourth board of directors, consisting of 9 members, has submitted resignation letters, including Chairman and President Cai Nanguai [3][4]. - Cai Nanguai will continue to hold other positions within the company despite resigning from his roles as Chairman, President, and Strategic Decision Committee Chair [3]. - Director Tang Lin has also resigned from all positions, holding 722.39 million shares as of the announcement date [3]. Group 2: New Board Candidates - The company has proposed new candidates for the fourth board of directors, including 贾晋斌, 陈科, and others as non-independent director candidates, and 王淑芳, 张建民, and 张凯 as independent director candidates [4]. Group 3: Management Changes - The board has approved the appointment of 陈科 as the new President, effective immediately following the board meeting [5]. - 陈科 has a background in accounting and investment management, having worked with KPMG and other firms [5]. Group 4: Stock Performance - Following the announcement, *ST Sailong's stock price reached a closing price of 16.81 CNY per share, marking a 5% increase and a total market capitalization of 29.59 billion CNY [5]. - The stock has seen a year-to-date increase of over 70%, attributed to merger and acquisition speculation [5].
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