Tao Yun Capital Wen Xiaodong: gong Zhenbing will step down to CEO and there is no such thing as failing to reach the board of directors.

www.techweb.com.cn/it/2019-03-13/2727...

[TechWeb] news on March 13 that regarding the departure of Yi Zhi CEO Gong Zhenbing and Wen Xiaodong, a major shareholder of Tao Yun Capital, Wen Xiaodong, tweeted in WeChat moments, he said that Gong Zhenbing was about to retire to CEO position, and at this time the departure formalities had not been processed. There is no such thing as failing to reach the board of directors.

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Yesterday, media reported that Gong Zhenbing in the near future completed the departure formalities, leaving because the board of directors did not pass the assessment.

In this regard, Wen Xiaodong said that after friendly consultations and consensus, Gong Zhenbing is about to step down to the position of CEO. However, at this time, the resignation procedures have not been processed, and there is no such thing as not meeting the assessment of the board of directors.

Wen Xiaodong also said that at that time, Gong Zhenbing was invited by his own "San Gu Lu". Due to the problems of the overall environment for 18 years and the problem of easy access to his own financing, Gong Zhenbing and his team worked hard to move forward under a very difficult situation. Thank you for this.

The following is the full text of Wen Xiaodong's circle of friends:

Mr. Gong Zhenbing was invited by my "San Gu Lu" at that time. Due to the problems of the overall environment for 18 years and the problem of easy access to his own financing, Mr. Gong Zhenbing and his team worked hard to move forward under a very difficult situation. For this I and easy to the company has always been to express gratitude!

Recently, after friendly negotiations with Mr. Gong Zhenbing, we have reached a consensus that Mr. Gong Zhenbing will soon step down to the CEO position. However, at this time the departure formalities have not been processed, let alone have not reached the board of directors to assess a said.

Thank you for your concern!

capital Wen Xiaodong Gong Zhen bing resignation easy to get CEO not reached board of directors assessment

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