Vtion Wireless Technology AG reported Dr. Qian Yingyi resigns as Chairman and member of the Supervisory Board of the company. He resigns due to taking up a new position on the Monetary Policy Committee of the People's Bank of China, which precludes him from serving on the board of any commercial enterprises. Mr. Norbert Quinkert, formerly the Vice Chairman of the Supervisory Board, was elected to fill the role of Chairman, while Mr. Yang Hua was elected for the role of Vice Chairman.