On the morning of June 24, Panda held a cadre meeting to announce the decision of the leadership adjustment. The chairman and Secretary of the Party committee of CEC Panda and chairman of Panda Electronics Mr. Zhou Guixiang attended the meeting and delivered a speech. The deputy Secretary of the Party committee of CEC Panda Mr. Zhong Youxiang, and vice chairman of Panda Electronics Mr. Xia Dechuan attended the meeting.

The meeting announced that according to the decision of the superior party organization and the resolution of the board of directors of Nanjing Panda Electronics, Mr. Hu Huichun was appointed general manager, legal representative and deputy Secretary of the Party committee of Nanjing Panda Electronics, and Mr. Lu Bin was appointed deputy general manager of Nanjing Panda Electronics.