PDD(US:PDD) 智通财经网·2025-12-19 13:51Core Viewpoint - Pinduoduo (PDD.US) shares rose over 6% in pre-market trading, reaching $112.35, following the announcement of a governance structure upgrade at the annual shareholder meeting on December 19 [1] Group 1: Governance Changes - Pinduoduo announced the implementation of a co-chairman system, with Zhao Jiazhen appointed as co-chairman alongside Chen Lei, who will also serve as co-CEO [1] Group 2: Strategic Focus - Zhao Jiazhen highlighted the rapid growth of Temu, attributing it to the advantages of China's supply chain industry, which presents new opportunities for Pinduoduo and Temu's next phase of development [1] - The company plans to focus on high-quality development over the next three years, with a significant reinvestment in the Chinese supply chain to promote high-quality development and branding [1]