The resignation of the company CFO, which fell by more than 11%, attracted the attention of the market.

[the resignation of CFO, a company that has fallen by nearly 11%, attracts market attention]-- as of press time, Ninety-nine (09922.HK) fell 10.66%. According to last Friday's announcement, Li Zhuoguang has resigned as executive director, chief financial officer, vice president, authorized representative, joint company secretary and member of the Remuneration Committee in order to devote more time to his personal affairs; and Su Tan Man has been appointed as executive director, chief financial officer, authorized representative, joint company secretary and member of the Remuneration Committee. According to a research report issued by Goldman Sachs, the operational impact of CFO's resignation should be limited: first, the operation of each brand is the responsibility of its own management team, and Mr. Guan Yihong, founder, chairman and CEO of Jiumaojiu, will continue to lead key strategies and implementation; second, the new CFO has been working closely with its predecessor CFO since joining in 2019 and has more than 11 years of experience.