Joyoung announces resignation of general manager Guo Lang

Joyoung Co., Ltd. (SZSE:002242) announced that its board of directors has received a written resignation report from General Manager Guo Lang, effective May 9, 2025. Guo Lang is stepping down due to personal reasons and will no longer hold any positions within the company or its subsidiaries. The company clarified that Guo Lang indirectly holds shares through the company's first employee stock ownership plan, and the handling of his interests will be in accordance with the plan's regulations. Joyoung's board has stated that Guo Lang's departure will not impact the company’s production and operations, and the board intends to appoint a new general manager soon. In the interim, Chief Financial Officer Kan Jian Gang will assume the responsibilities of acting General Manager. The board expressed gratitude for Guo Lang's contributions during his tenure.