Changyou Technology: Core technical staff member Mr. Wan Huirong resigns.
Changyou Technology Announcement: Mr. Wan Huirong, a core technical personnel of the company, has reached an agreement with the company to terminate the labor relationship due to personal reasons. After leaving the company, he will no longer hold any position and will no longer be recognized as a core technical personnel. Mr. Wan Huirong indirectly holds 286,000 shares of the company through Changzhou Junchuang Enterprise Management Consulting Co., Ltd., accounting for 0.65% of the total share capital of the company. The company has arranged for relevant personnel to take over his work, and the handover has been smooth. Mr. Wan Huirong's departure will not affect the current core technology and R&D project work of the company. The company has established a sound R&D management system and intellectual property protection management system, and this change in core technical personnel will not have a significant adverse impact on the company.
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