拼多多开启联席董事长制度！Temu发展速度让人惊讶，盘前股价大涨

Core Viewpoint - Pinduoduo announced an upgrade to its corporate governance structure by implementing a co-chairman system during its annual shareholder meeting, with Zhao Jiazhen and Chen Lei serving as co-chairmen and co-CEOs, indicating a strategic shift towards focusing on high-quality development and supply chain upgrades [1][2][3] Group 1: Corporate Governance Changes - The introduction of the co-chairman system aims to better adapt to the evolving business needs of Pinduoduo, enhancing its governance framework since the appointment of Chen Lei as chairman in 2021 and the establishment of co-CEOs in 2023 [2] - Zhao Jiazhen's appointment as co-chairman is seen as a step towards the next phase of the company's transformation, aligning with the overall strategy of focusing on supply chain upgrades and high-quality development [2][3] Group 2: Business Development and Strategy - Pinduoduo's Temu business has rapidly expanded, achieving significant market scale in many countries within three years, equivalent to the domestic e-commerce growth Pinduoduo experienced over a decade [1][3] - The company is committed to high-quality development and aims to focus on the Chinese supply chain as the core of its future business strategy, moving away from diversification [3][5] - Recent initiatives, such as the "2025 Duoduo Good Specialty" campaign, have led to a 47% year-on-year increase in sales of agricultural products on the platform, emphasizing the shift towards quality over quantity [3] Group 3: Challenges and Compliance - Pinduoduo acknowledges the challenges posed by rapid changes in international geopolitical and regulatory environments, emphasizing the need for systematic reforms in governance and talent systems to keep pace with business expansion [3][4] - The company maintains a long-term perspective, focusing on compliance and social responsibility as fundamental principles in its operations, especially in light of expanding cross-border business [4]