Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post.

• Zhou was a key deputy to Bitmain co-founder Zhan during a battle for control of the world’s biggest crypto mining machine manufacturer between Zhan and co-founder Wu Jihan. Zhan will continue to serve as Bitmain’s chairman.
• Zhou’s rich experience in supply chain management will “surely write a more brilliant new chapter,” the WeChat post said.
• The news was announced at an Oct. 28 staff meeting to celebrate its eighth-year anniversary. At the meeting, Bitmain also gave the “Same Boat Award” to employees that have been with the company for over five years.
• Legal representatives are the cornerstone of Chinese corporate authority as they are entitled to act on the company’s behalf.