Because of the high percentage of voting power, Wu eventually retained the position of Chairman.

From the handle net inside learned that the capital side since the beginning of this year has been fully involved in the day-to-day management of handle nets, promoted to COO Feng overall responsibility for handle network day-to-day operation, Wu authority was elevated, and eventually divorced from the CEO position.

Monday, there was news that the Chairman and CEO of Wu left the office . Subsequently, the handle network to deny the rumor, said Wu still as the chairman of the handle network, will continue to be fully responsible for the company's strategic development and business innovation. But there was no clear response to Wu's resignation as CEO.

The media said the Zhu Yuhu, the investment partner of Jinsha Venture, has denied that Wu's decision to step down as CEO is the capital side. Said it was a decision of the company, not a decision of the capital party.

In June 2010, the Jinsha River received the first round of the 5 million-dollar financing of the handle NET, followed by two or three rounds of financing in December 2010 and April 2011, which amounted to more than 160 million dollars of financing for the handle net.

Handle Network IPO data show that before the IPO, Jinsha Venture has a handle net of about 31 6% equity, while Wu and his wife Total has 16.4% equity.

Handle NET insiders said that because of the high proportion of voting rights, Wu eventually retained the position of Chairman.

Prior to this, the handle network has occurred in a number of personnel changes, since last year, the CFO Zhang Yi, Vice President Liming, marketing Director and Deputy Director, PR director has been leaving. In the middle tier, because of the merger or shutdown of the policy adjustment business plate, such as the "Coupon channel" shutdown, it also leads to the loss of manager level personnel.