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Langyuan Shares: Director Cao Yuchen Voluntarily Takes 50% Pay Cut
36Kr1 min read
36Kr learned that Langyuan Shares announced it received a letter on voluntary pay reductions dated November 4, 2026, from director and general manager Cao Yuchen and director and CFO Wang Tao. Director and General Manager Cao Yuchen voluntarily reduced his compensation by 50%, and Director and CFO Wang Tao voluntarily reduced his by 30%. The arrangement applies from October 1, 2026, until the date each person decides in writing to resume receiving compensation.
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