Wuliangye has announced that Zeng Congqin will no longer serve as the company's chairman and director, effective June 26, 2025. This decision comes as Zeng Congqin is unable to fulfill his duties. Deng Min has been elected as the new chairman of the company. Zeng Congqin's departure will not impact the company's normal operations, and he will not hold any positions within Wuliangye or its subsidiaries post-resignation. He does not hold any company shares and has no outstanding commitments. AI
RANK_REASON Company leadership change announcement.
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