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On August 6, Beiyuan Group issued an announcement stating that on August 4, the company's board of directors received written resignation reports from company director Mr. Ji Xiufeng and general manager Mr. Liu Yancai.Mr. Ji Xiufeng has applied to resign from the positions of director, member of the Strategy Committee and member of the Remuneration and Appraisal Committee of the company due to job changes, and Mr. Liu Yancai has applied to resign from the position of general manager of the company due to job changes.After their resignation, Mr. Ji Xiufeng and Mr. Liu Yancai will no longer hold any position in the company.

According to the official website, Beiyuan Group was jointly established by Shaanxi Coal Group, private enterprises, natural person shareholders and employee shareholding platforms.Large chemical companies, is committed to the research and development and production of modern chemical products, and has built an integrated recycling industry chain of "coal, raw salt, semi-coke, calcium carbide, electricity, polyvinyl chloride, caustic soda, cement" and a low-carbon, high-efficiency, green chemical product industry chain of "fine chemicals + green materials". The company has been selected as one of the top 500 Chinese petroleum and chemical companies for many consecutive years and is currently ranked 51st.