Core Viewpoint - Huatian Hotel has announced that Chairman Yang Hongwei will temporarily assume the duties of the board secretary following the resignation of the previous secretary due to personal reasons, with the position remaining vacant for over three months [2][3]. Company Updates - The previous board secretary, Shen Zhiming, resigned on August 26, and during the interim period, the financial director, Xie Caiping, was appointed to perform the duties. However, as of November 26, Xie has served in this capacity for three months, prompting the chairman to take over the role as per regulations [3]. - Huatian Hotel has stated that it will expedite the selection process for a new board secretary, although similar statements were made in the previous resignation announcement [3]. Financial Performance - Huatian Hotel's primary business is in the hotel service industry, with supplementary services in material trade, laundry, housekeeping, property management, and group dining. The main products and services include hotel accommodation, dining, and lifestyle services [4]. - According to the third-quarter report, Huatian Hotel achieved a revenue of 398 million yuan, a year-on-year decrease of 12.52%, and reported a net loss of 156 million yuan, a year-on-year decrease of 39.99%, marking a shift from profit to loss [4]. - In the third quarter alone, the company generated revenue of 145 million yuan, a year-on-year decrease of 2.60%, and incurred a net loss of approximately 49.5 million yuan, a year-on-year decrease of 50.87%, also indicating a shift from profit to loss [4].