Significant Personnel Restructuring at Wintek Technology: Chairman and Board Secretary Resign

07/16 2025 348

On July 15, 2025, Wintek Technology announced a pivotal shift in its strategic direction, emphasizing a full transition towards the semiconductor business amidst the promotion of major asset sales and deliveries. This transition will entail substantial adjustments to the company's business structure.

Concomitant with these strategic changes, Wintek Technology has initiated a series of key personnel adjustments, with several executives stepping down due to career transitions.

According to the announcement, Chairman and CEO Zhang Qiuhong, Employee Representative Director and Vice President Dong Botao, Director Xie Guosheng, and Board Secretary Gao Yu have all resigned from their respective executive positions.

Specifically, Zhang Qiuhong, Dong Botao, and Xie Guosheng tendered their resignations on July 14, while Gao Yu resigned on July 11. All four executives' original terms were set to expire in January 2028.

Following their resignations, Zhang Qiuhong, Xie Guosheng, and Gao Yu will no longer hold any positions within the company or its subsidiaries. Dong Botao, although stepping down as Director and Vice President, will retain his role as Director of the Comprehensive Management Department. None of the departing executives have outstanding public commitments. Due to the resignations of Zhang Qiuhong and Xie Guosheng, the board member count has fallen below the required number. Therefore, both will continue to fulfill their duties as Chairman/Legal Representative and Director until new directors are approved by shareholders.

To bolster the development of its semiconductor business, Wintek Technology is actively recruiting professional talent.

On July 14, the company nominated Yang Mu and Zhuang Wei as candidates for non-independent director positions. On the same day, the Employee Congress elected Shen Xinjia as the new Employee Representative Director. In terms of senior management, Shen Xinjia has been appointed as Vice President and will assume the duties of the CEO until a new CEO is appointed. Meanwhile, Chief Financial Officer Zhang Yanru will temporarily take over the responsibilities of the Board Secretary, and the company aims to complete the appointment of a new CEO and Board Secretary expeditiously.

Wintek Technology affirmed that this personnel adjustment will not disrupt its normal operations and expressed gratitude to the departing executives for their valuable contributions. The company emphasized that these changes are aimed at laying a solid foundation for the long-term growth and success of its semiconductor business.

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