On June 27, Ziguang Group released a news release saying that the group's executive vice president Ma Daojie was appointed as the director of Ziguang Zhanrui and selected him as the chairman of Ziguang Zhanrui. Wu Shengwu, the original director of Ziguang Zhanrui appointed by Ziguang Group, no longer serves as director and chairman of Ziguang Zhanrui. Sources close to the matter said that Ma Daojie has a background as an operator, and with his experience in Ziguang SMi, he may be a more suitable leader for the current positioning of Ziguang Zhanrui compared to Wu Shengwu. "At the same time, Ma Daojie has experience in the semiconductor industry and IPO financing, which may provide strong leadership for the future financing and listing of ZTE and further expansion of market space."

来源：DIYuan