According to the relevant regulations, the resignation application will take effect from the date when the board of directors of the company receives the resignation report. The company will hold a board meeting as soon as possible to elect a new chairman, and conduct by-elections according to the prescribed procedures to ensure that the number of board members of the company is not less than the minimum number stipulated in the Company Law, and the normal operation of the board of directors of the company will not be affected.
Article 45 If a director fails to be re-elected in time upon the expiration of his term of office, or the number of members of the board of directors is less than a quorum due to his resignation during his term of office, the original director shall still perform his duties as a director in accordance with laws, administrative regulations and the Articles of Association before the re-elected director takes office.