The 500 billion tycoon will replace Li Junqi or will no longer serve as chairman of USI.

[500 billion tycoon Li Junqi will replace Li Junqi or will no longer serve as chairman of the Industrial Federation] the reporter learned from two people in the industrial chain that the board of directors of the listed company with a market capitalization of 449.7 billion yuan in A shares will usher in a major change. Li Junqi, the current chairman, may step down and will no longer hold the post of chairman, but will remain as a director. (China Securities News)