[Huayi Group: electing Gu Lili as Chairman and appointing Qian Zhigang as President] May 29, Huayi Group announced that the company received a written resignation report from Chairman Liu Xunfeng and Director and President Wang Xia. Liu Xunfeng resigned from the board of directors and director of the company because of work, and Wang Xia resigned as director and president of the company because of work. The company held a board meeting on May 29, elected Gu Lili as chairman of the 10th board of directors, appointed Qian Zhigang as president of the company, and appointed Liu Wenjie and Gu Weizhong as vice presidents. Chen Yao, vice president of the company, will no longer hold the position of vice president of the company due to work needs.