Chapter 363: The Storm Arrives

October 26th.

Tengying Group formally announced that Gao Hu, the founder and president of Feiyangyang Catering Group,

has submitted his resignation due to personal reasons.

The board of directors has officially approved it.

What does this mean?

No successor was mentioned, and the founder and president have just resigned.

Moreover, it concerns a traditional catering enterprise that went public less than two years ago.

Feiyangyang has truly had its share of issues in the past two years, and has not yet emerged from the scandal in Sha City.

Now even the president has left.

Especially since its stock price has always been at a historical low; otherwise, under these circumstances, it would have hit several limit-downs.

Feiyangyang's finances have not encountered problems, and operation has remained steady.

But now, the president has resigned.

Anyone who has worked at a big company knows that executives who file for resignation due to "personal reasons"