Dong Yuhui Resigns as Executive Director of "With Hui Together," Retains Board Member and Manager Roles

Dong Yuhui Resigns as Executive Director of "With Hui Together," Retains Board Member and Manager RolesOn November 25th, Tianyancha App showed that With Hui Together (Beijing) Technology Co., Ltd

Dong Yuhui Resigns as Executive Director of "With Hui Together," Retains Board Member and Manager Roles

On November 25th, Tianyancha App showed that With Hui Together (Beijing) Technology Co., Ltd. underwent a business registration change: Dong Yuhui resigned from his position as executive director, but retained his roles as director and manager. This change has sparked external attention regarding adjustments to the company's governance structure.

With Hui Together (Beijing) Technology Co., Ltd., established in December 2023, has a registered capital of 10 million RMB and is wholly owned and legally represented by Dong Yuhui. Initially, Dong Yuhui held both the positions of executive director and manager, granting him comprehensive control over the company's operations. The executive director is responsible for executing board decisions and ensuring that the company's operations and management proceed according to established plans and objectives. This meant Dong Yuhui was involved in both formulating the company's strategy and directly overseeing daily operations.

Following this business registration change, Dong Yuhui relinquished the executive director role, retaining only the positions of director and manager. This signifies a certain degree of adjustment to the company's governance structure. According to company law, a director's main responsibilities include formulating the company's development strategy and major management decisions, supervising operations and management, and overseeing risk management and internal controls. The manager, on the other hand, is responsible for the company's daily operations.

Dong Yuhui's resignation from the executive director position likely indicates a shift towards focusing more on strategic planning and long-term development, delegating the execution of daily operations to other management personnel. This adjustment may also be related to the company's development stage. Startups often require founders to handle all matters personally, but as the company scales and its operations become more complex, founders need to gradually delegate more power, concentrating on strategic decisions and avoiding being bogged down by daily tasks.

This delegation of power and role transition is a common phase for many rapidly growing companies. It effectively enhances management efficiency, improves the professionalism and scientific nature of decision-making, and lays a solid foundation for the company's future sustainable development. By entrusting operational tasks to other professionals, Dong Yuhui can better focus on formulating the company's strategic direction and making key decisions, leading the company towards greater success.

While the specific internal reasons for this change haven't been disclosed, Dong Yuhui's adjustment of the company's governance structure reflects his strategic thinking about the company's long-term development. This may signal that "With Hui Together" is entering a new development phase, moving towards a more standardized and professional direction. The future development of "With Hui Together" warrants continued attention. Dong Yuhui's actions also provide valuable experience and lessons for other rapidly developing companies: adjusting the company's governance structure at the appropriate time allows for better adaptation to new stages of enterprise development.

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