Group 1 - Baidu Intelligent Cloud has announced a significant organizational restructuring aimed at enhancing its competitive edge in the market, particularly through executive rotations, with Yuan Foyu transitioning from a leadership role in the business middle office to a frontline position in the business development department [1] - The restructuring consolidates the previous four business lines—pan-technology, finance, energy, and manufacturing—into a new department called Business Development Division 1, led by Yuan Foyu, while the original government and enterprise division has been upgraded to Business Development Division 2, continuing under the leadership of Shi Qinghua [1] - Since 2011, Baidu has implemented a cadre rotation system to adapt to rapidly changing market conditions, introducing new management concepts such as the OKR performance management system and promoting a younger management team [1] Group 2 - Yuan Foyu has a diverse professional background with significant experience in fast-moving consumer goods, automotive, and internet sectors, having previously worked at Procter & Gamble and Dongfeng Peugeot, and later at NetEase as the marketing department general manager [2] - Under the leadership of Yuan Foyu, Baidu Intelligent Cloud has achieved remarkable performance, with a 42% year-on-year revenue growth in Q1, an operating profit margin exceeding 10%, and AI-related revenue experiencing triple-digit year-on-year growth [4] - Baidu emphasizes gender equality and pay equity, with 54% of female managers in revenue-generating departments by 2024 and a gender pay gap reduced to 0.6%, reflecting the company's commitment to corporate culture and gender equality [4]