According to Cailianshe, Ant Group issued a letter to all employees, which will accelerate the promotion of dual flywheels and AI strategies, and form a new Alipay business group based on the APP business unit, advertising business unit, digital product business unit, digital livelihood business unit, digital travel and hotel business unit, and digital logistics business unit (formerly the digital logistics & enterprise code business unit). The Digital Payment Business Group and the Alipay Business Group have established a rotating president system. The rotating president will serve as the president of each business group, responsible for promoting the implementation of the strategy and making major decisions. The term of office of the rotating president is six months, and the first two will be Qin Yi and Putian as the rotating presidents of the Digital Payment Business Group and the Alipay Business Group respectively.