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Sina Technology News Beijing time in the evening of August 1st news, the 500 lottery network (NYSE:WBAI) today announced that the company chairman Zhang Yonghong has left the company, the co - President of the purple light group Wang Huixuan was appointed as the new chairman of the company.
The appointment came into effect on August 1, 2018, and Wang Huixuan will also join the Compensation Committee of the 500 Lottery Network and serve as chairman of the strategic committee of the board of directors.
Since July 2016, Wang Huixuan has served as the co president of the Zilang group, formerly a member of the CPC Urumqi Municipal Committee, the Secretary of the Dongshan District Committee, the director of the mdong New District Management Committee, the Deputy Secretary of the Party Work Committee, the deputy general manager of the China Life Insurance Limited by Share Ltd Xinjiang branch, the Deputy Secretary of the Party committee, and the Chinese people's life insurance shares. The Executive Director and Vice President of the Company, the Chairman, President, Secretary of the Party Committee and Chairman of the Investment Decision Committee of the People's Insurance Capital Investment Management Company Limited.
Wang Huixuan said, "on behalf of the board of the company, I would like to express my sincere thanks to Zhang Yonghong for his great contribution to the 500 lottery net in the past year, and wish him a better future."
In November 2017, the 500 lottery net appointed Zhang Yonghong, executive vice president and executive vice president of purple light group as chairman of the company. (Li Ming)
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