Lining announced that the group should optimize and adjust its organizational structure in response to the strategic steps of the group's active changes and the business development plan this year, so as to focus on the core business, optimize the organizational structure, enhance operational efficiency and improve the net interest rate level.

This adjustment includes streamlining people, integrating resources and motivating excellent employees.

The group emphasizes that its strategic direction is not because it is the second time.

For front-end business development departments, such as

Some non core business sectors, such as other brands, will be further integrated to concentrate more on the core business of the group.

For the functional departments in the background, including human resources,

With regard to the organizational adjustment, Zhang Zhiyong, Group CEO, said that the optimization of organizational structure can help the group improve the efficiency of organization operation and save manpower costs. On the other hand, it can further improve the talent management system and enhance the group's performance oriented and result oriented corporate culture.

The group will also take more effective measures to identify and encourage talents, so that excellent staff can play their roles and work towards common goals.