Core Points - Fuyao Glass Industry Group Co., Ltd. announced that its chairman, Cao Dewang, resigned from his position to promote strategic optimization of the company's governance structure and sustainable development [1] - Cao Dewang will continue to serve as a director and hold various positions in some subsidiaries [1] - Cao Hui has been elected as the new chairman and appointed as the legal representative and director of the board's strategic development committee [5] - After his resignation, Cao Dewang will be appointed as the lifetime honorary chairman, contributing to the company's strategic planning and long-term development [9] Summary by Sections - Leadership Changes - Cao Dewang resigned as chairman on October 16, 2023, to focus on governance and sustainability [1] - Cao Hui, previously the vice chairman, has been elected as the new chairman [5] - Future Roles - Cao Dewang will take on the role of lifetime honorary chairman and continue to influence the company's strategy [9] - Cao Hui's election marks a transition in leadership while maintaining continuity in the company's strategic direction [5][9]
曹德旺辞去福耀玻璃董事长,曹晖接任