Langyuan Co., Ltd. announced that the company received voluntary salary reduction letters from director and general manager Cao Yuchen and director and financial director Wang Tao on November 4, 2026. Cao Yuchen voluntarily cut her salary by 50%, and Wang Tao voluntarily cut her salary by 30%. The application period starts on October 1, 2026 until the date she personally decides in writing to resume receiving her salary. This salary cut does not affect the normal performance of their duties by the two, nor does it constitute an adjustment to the evaluation of their performance of duties.

Zhitongcaijing · 1d ago
Langyuan Co., Ltd. announced that the company received voluntary salary reduction letters from director and general manager Cao Yuchen and director and financial director Wang Tao on November 4, 2026. Cao Yuchen voluntarily cut her salary by 50%, and Wang Tao voluntarily cut her salary by 30%. The application period starts on October 1, 2026 until the date she personally decides in writing to resume receiving her salary. This salary cut does not affect the normal performance of their duties by the two, nor does it constitute an adjustment to the evaluation of their performance of duties.