Zhejiang Communications Tech chairman resigns; Yang Jian to act as chair

Zhejiang Communications Technology Co., Ltd. (SZSE: 002061) announced that Chairman Shen Tu Dejin has resigned from his position due to personal reasons, relinquishing his roles on the board, specialized committees, and affiliated companies, effective immediately. Mr. Shen Tu Dejin will also have 456,500 unvested restricted shares from the 2024 equity incentive plan repurchased and cancelled, and his 994,194 shares held through Ningbo Huizhong No.1 Equity Investment Partnership (Limited Partnership). Concurrently, the board has approved the nomination of Yu Qunli as a non-independent director, subject to shareholder approval, to fill the vacancy. General Manager Yang Jian has been authorized to act as chairman and legal representative until a permanent replacement is elected.