Cao Dewang responds to resignation: My stepping down is more beneficial for Fuyao.

Jin10 data reported on October 16, in the evening of October 16, Fuyao Glass's Cao Dewang stated: “I am eighty years old, (I should) retire.” “I think retiring would be more beneficial for Fuyao, letting the new generation (take over).” Cao Dewang said. In addition, Cao Dewang stated that he currently has no health issues and will not focus his energy on Fuyao Technology University, but rather wants to start his retirement life. “I will not focus my energy on (Fuyao Technology) University; the university will be managed by Wang Shuguo.” Cao Dewang stated.

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