Xinhongye announced that the company held the fourth extraordinary shareholders' meeting in 2025 on December 18, 2025, elected the directors of the third board of directors of the company and completed the board change. The third board of directors consists of 7 directors, including 4 non-independent directors and 3 independent directors. Non-independent directors are Bu Xiaohua, Sun Qunxia, Chen Ling, and Zhao Shupeng. Independent directors are Yu Fang, Song Qichao, and Cui Huachun.

Xinhongye announced that the company held the fourth extraordinary shareholders' meeting in 2025 on December 18, 2025, elected the directors of the third board of directors of the company and completed the board change. The third board of directors consists of 7 directors, including 4 non-independent directors and 3 independent directors. Non-independent directors are Bu Xiaohua, Sun Qunxia, Chen Ling, and Zhao Shupeng. Independent directors are Yu Fang, Song Qichao, and Cui Huachun.