On July 15 (Beijing time), Wingtech Technology—a China-based electronics manufacturer known for its operations in ODM smartphones and semiconductor packaging—announced a major leadership reshuffle as part of a broader strategic transformation. Following the progress in divesting its ODM-related assets, the company is shifting its core focus to the semiconductor sector. In line with this transition, the board recently received resignation letters from Chairwoman and President Zhang Qiuhong, Vice President and Employee Director Dong Botao, Director Xie Guosheng, and Board Secretary Gao Yu. All cited job reassignments as the reason for stepping down.

To strengthen its board with semiconductor expertise, Wingtech has nominated two new non-independent director candidates: Yang Mu and Zhuang Wei. Their appointments were approved during the 16th meeting of the 12th Board of Directors held on July 14, pending final shareholder approval.

Yang Mu, born in 1990, holds a bachelor's degree and has experience as an investment analyst at Wells Fargo and as a senior financial manager at Sanpower Group. She joined Wingtech in 2019 and currently serves as Senior Director of Strategy at Nexperia.

Zhuang Wei, born in 1981, has a background in HR across the semiconductor and electronics sectors. He has held HR leadership roles at Flex, NXP, and currently serves as Senior Director of Global Human Resources at Nexperia.

Additionally, Shen Xinjia was elected as the new Employee Director and appointed as Vice President. She will also act as interim President until a new appointment is made. Shen, born in 1984, holds a law degree from East China University of Political Science and Law and an LL.M. from Columbia University. With over 15 years of experience as legal counsel for multinational corporations, she currently serves as Chief of Staff to the CEO at Nexperia and previously held the position of General Counsel at Wingtech.

Until a new Board Secretary is appointed, CFO Zhang Yanru will temporarily assume the role.

Due to the resignations of Zhang Qiuhong and Xie Guosheng, the number of board members temporarily falls below the five-member requirement specified in the company's charter. Both Zhang and Xie will continue to perform their board duties until their successors are approved at the shareholder meeting.

Wingtech emphasized that the management transition is part of a planned shift in corporate direction. The departing executives' responsibilities will be handed over smoothly, and the changes will not adversely affect the company's day-to-day operations.