Recently, China Ruyi issued an announcement stating that CEO Chen Xi (stage name "Chen Zhixi") resigned from the company due to other business matters. Previously, Wanda Film had announced that it would make major personnel adjustments, including nominating two veterans from the

1905 Movie Network News Recently, China Ruyi issued an announcement saying that executive president Chen Xi (stage name Chen Zhixi) resigned from the company due to other business matters. Previously, Wanda Film had announced that it would make major personnel adjustments, including nominating two veterans from the Confucian and Italian schools, Chen Xi and Gong Qiao, as non-independent directors of the company. Chen Zhixi has served as the producer of many films such as "Hot", "Detective Chinatown", and "Pancake Man".

Wanda Film’s announcement showed that Zhang Lin resigned as chairman, director and member of the strategy committee of the company’s sixth board of directors and will no longer hold any position in the company after his resignation; Yin Xiangjin applied to resign as director of the company’s sixth board of directors and the remuneration and assessment committee of the board of directors. After resigning, he will no longer hold any position in the company.