Yibin Paper announced that on July 27, 2026, Chairman Li Jianwei resigned as director, chairman, and relevant special committees under the board of directors due to work adjustments. He did not hold shares and did not fulfill any public promises. On July 28, the company held a board meeting and agreed to nominate Jiang Wenchun as a non-independent director candidate for the 12th board of directors. The term of office starts from review and approval at the shareholders' meeting until the end of the current board of directors. Jiang Wenchun currently holds positions such as Deputy General Manager of Wuliangye Group. He does not hold shares, and his qualifications are in accordance with the regulations. The matter still needs to be reviewed by the shareholders' meeting.

Yibin Paper announced that on July 27, 2026, Chairman Li Jianwei resigned as director, chairman, and relevant special committees under the board of directors due to work adjustments. He did not hold shares and did not fulfill any public promises. On July 28, the company held a board meeting and agreed to nominate Jiang Wenchun as a non-independent director candidate for the 12th board of directors. The term of office starts from review and approval at the shareholders' meeting until the end of the current board of directors. Jiang Wenchun currently holds positions such as Deputy General Manager of Wuliangye Group. He does not hold shares, and his qualifications are in accordance with the regulations. The matter still needs to be reviewed by the shareholders' meeting.