TechFlow reports that on January 26, following a meeting between Erik Zhang and Da Hongfei, Zhang publicly called on Da Hongfei to step down from his leadership role in the NEO ecosystem. During the meeting, Da Hongfei rejected three minimum demands proposed by Zhang: establishing an effective financial oversight mechanism; abandoning the EON project—which directly competes with NEO; and authorizing Zhang to publish information via NEO’s official communication channels. Zhang stated that NEO has been in continuous decline for years under Da Hongfei’s leadership, and this refusal to cooperate demonstrates Da Hongfei’s lack of genuine intent to enhance NEO’s value.
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