<p>➀ The management team of Chinese EDA company Xinhua Zhang has undergone a major shakeup recently.</p><p>➁ Wang Libin, the founder, chairman, and CEO of Xinhua Zhang, has resigned from his position as CEO, and Xie Zhonghui and Qi Zhenghua have taken over as joint CEOs.</p><p>➂ Fu Yong, the CTO, and Fu Qiang, the COO, have also reportedly left the company.</p>