Baili Electric: The company's chairman has been changed to Zhang Jianxin.

On April 30, Bailey Electric announced that Zuo Xiaopeng resigned from the positions of director, chairman of the board, legal representative, director of the Strategic Development Committee, and member of the Remuneration and Evaluation Committee due to work adjustments, and will no longer hold any positions in the company after resignation. The company held the twelfth meeting of the ninth board of directors on April 30, 2026, and elected Director Zhang Jianxin as chairman of the board, executive chairman of the company, and legal representative for the same term as the ninth board of directors.