Summary by Moomoo AI
China ?$#@$ Niu Dairy Co., Ltd. announced on 26 March 2024 that Mr. Lu Min Fang has stepped down as President and appointed Vice Chairman of the Board, while continuing as Executive Director. On the same day, Mr. Gao Fei took over as President and CEO of Mr. Lu Min Fang and was appointed as Executive Director. In addition, Mr. Zhang Ping resigned as Executive Director and member of the Sustainability Committee, but will continue as Chief Financial Officer. Mr. Gao Fei was also appointed as a member of the Strategy and Development Committee and a member of the Sustainability Committee. The Board of Directors stated that these changes will benefit the overall development of the company and the achievement of long-term strategic objectives.