China Securities Network News, announced on the evening of June 22nd that Zhao, the chairman of the company, resigned. Company's explanation, resigned from the company for personal reasons. Analysts pointed out that before Yongyi announced that the group was ready to borrow money, CCCC had always been the borrower, and Zhao was the leader of CCCC in Yongyi. Since the group is about to take advantage of the situation, Zhao's resignation is inevitable

Zhao was born in February, 20 1953, and became the chairman of Yongyi on October 26th. He has been engaged in trade, logistics and large-scale infrastructure investment for a long time and has rich management and practical experience. He used to be the executive chairman of the board of directors of China Communications Power Technology Group Co., Ltd., the president of Beijing longtan lake Sports Industry Investment and Development Co., Ltd. and the consultant of the board of directors of Cai Zhong Group.