According to CoinMeta, Yue Zhi Dan Mian has completed its shareholding reform, changing its corporate structure from a limited liability company to a non-listed joint stock limited company, and has been renamed to "Beijing Yue Zhi Dan Mian Technology Co., Ltd." Yang Zhilin has been appointed as the chairman and manager, Zhang Yutong has been added as a director, and Song Sijia has been appointed as the financial officer. According to regulations of the China Securities Regulatory Commission (CSRC), if a domestic enterprise wishes to list overseas directly, the issuer must be a joint stock limited company. Bloomberg previously reported that Yue Zhi Dan Mian has issued a resolution to its shareholders regarding listing in Hong Kong, with the process potentially taking place within six months IPO, and they have begun to dismantle their red-chip structure. The company has not yet officially announced the listing date.