Harbin Electric Company Limited held a Board meeting on 23 May 2025, where the Company announced the appointment of Mr. Yang Xiao as the new senior vice-president. Mr. Yang, aged 52, holds a master's degree in business administration from Jilin University and is a senior accountant. His career includes roles as the director of the planning and finance departments at FAW Foundry Co., Ltd. and FAW Jiefang Automotive Co., Ltd. He also served in various financial management positions at China FAW Group Corporation. Most recently, he was the chairman and secretary of the Party committee of FAW Car Co., Ltd., which was restructured and renamed as FAW Bestune Automobile Co., Ltd. in January 2024. Since April 2025, Mr. Yang has been the chief accountant and a standing member of the Party committee of Harbin Electric Corporation and the Company.