[President YTO becomes chairman of Film and Television Hurricane. Founder Tim: Misunderstanding in inheriting the business from father to son] On October 15th, Qichacha APP showed that recently, Hangzhou Xingao Media Co., Ltd. (referred to as "Xingao Media"), the main operating company of the leading film and television content creation team "Film and Television Hurricane", has undergone industrial and commercial changes, and Pan Shuimiao, director and president of YTO Express, has assumed the position of chairman of the company. After this change, founder Pan Tianhong (Tim) still serves as the company's legal representative, manager and director, and is the largest shareholder, holding 51.77% of the shares; Pan Shuimiao holds 25.65% of the shares and is the second largest shareholder. According to public reports, Pan Shuimiao is Pan Tianhong's father. MediaStorm posted a response on Weibo: "Many friends saw this topic #tim father serves as chairman of MediaStorm and asked if my father inherited the business from his son. My father joined MediaStorm? This is purely a misunderstanding. He has been the executive director since the company was founded and does not participate in operations. It is only now that the board of directors has been established for the company's development needs."