Core Viewpoint - Zhejiang Zheneng Electric Power Co., Ltd. has undergone a significant management change with the resignation of Yu Guoping as the legal representative and chairman, replaced by Liu Weimin [1][2]. Company Information - Zhejiang Zheneng Electric Power Co., Ltd. was established in March 1992 with a registered capital of approximately 13.41 billion RMB [2]. - The company's business scope includes power development, power equipment maintenance, and electricity sales [2]. - The company is jointly held by Zhejiang Energy Group Co., Ltd., China Huaneng Group Co., Ltd., and Zhejiang Zheneng Xingyuan Energy-Saving Technology Co., Ltd. [2]. Management Change - Yu Guoping resigned from his positions due to age reasons and the board has recommended Liu Weimin as the candidate for the fifth board of directors [2].