Xinhua News Agency, June 19th, some media reported that after Alibaba was split, the governance structure became clear gradually. Zhang Yong, the top manager, may focus on the business development of Aliyun and will no longer serve as the chairman of the board of directors and CEO. In view of the authenticity of the news, the reporter repeatedly verified Alibaba's official channels, but there was no response before the press release. A number of Ali employees told reporters that no relevant news had been received for the time being, and Alibaba management responded that the above news was "90 per cent true". (time Weekly)