Huo Liwei: Core technical personnel Ren Zhen resigns.
Hollywoo announcement: The company's core technical personnel, Ren Zhen, has resigned for personal reasons and will no longer hold any position in the company. Ren Zhen's responsibilities have been handed over and the company's production, operations, and technical research and development are all proceeding smoothly. Ren Zhen's departure will not have a substantial impact on the company's operational capabilities, research and development strength, or core competitiveness.
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