On May 21st, recently, Yiyi Bio (835066) issued a notice saying that the board of directors reviewed and approved the removal of the position of chief financial officer of Cao Zuohu on May 16, 2018.
According to the digging of the shell network, Cao Zuohu does not hold the 600201, the stock of the company, due to the company's operation and development needs, the post of chief executive of Cao Zuohu was removed.
Yiyi Bio said that the company has a standardized management system and has properly arranged the work that Cao Zuohu is responsible for during his tenure. The board of directors will also hire a new financial controller as soon as possible. Therefore, the removal of Cao Zuohu’s position as chief financial officer will not adversely affect the company’s production and operation. .
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