Yongda Auto has issued a statement regarding a change in its board of directors. The company announced that Mr. Cai Yingjie has resigned from his position as an executive director of the company. His resignation also marks the end of his tenure as the company's vice chairman. This change is set to become effective from June 26, 2026. The company cited Mr. Cai's personal commitments and other business affairs as the reason for his departure from these roles.
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