On March 18, Jiangsu Runda Photovoltaic Co., Ltd. issued an announcement on the appointment of the chairman, and the board of directors of the company completed the election of the chairman. Yan Dong was elected as the chairman of the company, and the term of office shall be from the date of approval by the board of directors to the expiration date of the fourth board of directors, effective from March 18, 2026.

Previously, Chen Junde, the former chairman , resigned as chairman of the board of directors for personal reasons and continued to serve as a director of the company after his resignation.
Yan Dong holds 24,438,152 shares of the Company, accounting for 40.0625% of the Company's share capital, and is the legal representative and actual controller of the Company. Chen Junde holds 15,000,000 shares of the Company, accounting for 24.59% of the Company's share capital. According to
the company's official website, Runda Photovoltaic was established in 2009 and listed on the new third board in May 2015. Its business covers the development, construction, operation and maintenance of high-efficiency solar cells , high-performance solar modules and photovoltaic power plants, as well as integrated solutions for energy storage systems . The company has three major production bases of battery, module and energy storage: battery capacity of 8GW, module capacity of 4GW and annual energy storage capacity of 1GWh.
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