Niu Yi, general manager of Yinghua Rongtai, resigned Liu Yugang took over The company's net profit in the first half of 2021 was 18.0642 million

On January 19, 2022, Yinghua Rongtai (872180) announced that the board of directors received the resignation report submitted by general manager Niu Yi on January 17, 2022, and the resignation took effect from January 17, 2022. After his resignation, Niu Yi continued to serve as chairman and director.

The Board of Directors received the resignation report submitted by Deputy General Manager Liu Yugang on 17 January 2022, effective as of 17 January 2022. Liu Yugang continued to serve as a director after his resignation.

In accordance with the relevant provisions of the Company Law and the Articles of Association of the Company, the 12th meeting of the second board of directors of the company deliberated and approved on January 17, 2022: Liu Yugang was appointed as the general manager of the company for a period of time until the expiration date of the current board of directors, with effect from January 17, 2022.

According to the understanding of the digging shell network, Niu Yi does not hold the shares of Yinghua Rongtai, and Liu Yugang holds 13.63% of the shares of Yinghua Rongtai. Niu Yi resigned as the general manager of the company for personal reasons. Liu Yugang resigned as deputy general manager of the company due to the development of the company.

Due to the needs of the company's development, in accordance with the relevant provisions of the Company Law and the Articles of Association of the Company, the company hired Liu Yugang as the general manager of the company after the nomination of the chairman of the board.

The resignation of the general manager and deputy general manager of the company is a normal personnel change. As the company has established a relatively complete management and internal control system, the work responsible for Niu Yi and Liu Yugang has been handed over to the relevant personnel to ensure the smooth transition of the company's business. The resignation of the above-mentioned personnel has not had a material adverse impact on the daily operation of the company.

Liu Yugang is currently a director of the company, and the appointment of Liu Yugang as the general manager of the company is conducive to improving the corporate governance structure and further promoting the company's business development. This appointment and dismissal is in accordance with the provisions of the Company Law and the Articles of Association of the Company, and will not adversely affect the company's production and operation.

According to the company's 2021 semi-annual report, the company's net profit attributable to the shareholders of the listed company in the first half of 2021 was 18,064,190.19 yuan, an increase of 15.98% over the same period of the previous year.

According to the data of the digging shell network, Yinghua Rongtai is a brand enterprise integrating procurement, research and development, production and sales of traditional Chinese medicine tablets.

This article originated from the digging shell network