Weifu High-Technology Group says chairman Yin Zhenyuan tendered resignation

Weifu High-Technology Group (WHTG) announced on July 27, 2026, that its chairman, Yin Zhenyuan, has tendered his resignation from the company’s board of directors. The resignation is effective immediately, according to the company’s official statement. No specific reason for the departure was disclosed in the announcement, and the company has not yet named a successor to lead the board.

Yin Zhenyuan joined Weifu High-Technology Group in 2018 and has played a central role in steering the company’s strategic direction during a period of significant growth in the semiconductor and advanced materials sectors. The company emphasized that its operations remain unaffected by the leadership change and that the board is in the process of evaluating potential candidates to fill the vacancy.

Investors are closely watching how the transition will impact the company’s long-term strategy and performance. The firm has not indicated any immediate changes to its business operations or financial outlook.