Group 1 - Baidong Co., Ltd. announced the resignation of CEO Fu Yingbo due to personal career planning, effective from November 28, 2025 [1] - The board expressed gratitude for Fu Yingbo's contributions during his tenure and confirmed no disagreements with the board [1] - Chen Jie, the chairwoman and executive director, has been appointed as the new CEO effective from the same date [1] Group 2 - Executive director Zou Yan has been appointed as a member of the board's remuneration and assessment committee, while Zhao Mingjing has resigned as company secretary, with Su Lishan taking over [2] - Baidong Co., Ltd. is a comprehensive digital solution provider, offering services such as electronic invoice compliance management and intelligent financial management [2] - The company was listed on the Hong Kong Stock Exchange in July 2024, raising a net amount of HKD 229 million [2] Group 3 - The management team of Baidong Co., Ltd. has experienced significant turnover, with Fu Yingbo serving as CEO for only 1 year and 1 month [2] - CFO and board secretary Hou Shifei announced his departure effective December 30, 2024, for personal career development [2] - As of the last trading day, Baidong Co., Ltd.'s stock price was HKD 16, with a market capitalization of HKD 3.61 billion [3]