Zhang Zhenning Calls for Da Hongfei to Resign from NEO Ecosystem Leadership Position

January 26: Erik Zhang, one of NEO’s two co-founders, said in a post he just wrapped up a meeting with fellow NEO co-founder Da Hongfei. The outcome was neither surprising nor positive: Da proposed so-called “limited cooperation” but offered no substantive details on any key issues. Zhang laid out three baseline demands—all flatly rejected: - Establish an effective, verifiable financial oversight and management mechanism - Abandon the EON project, which directly competes with NEO - Authorize Zhang to publish updates via NEO’s official website and official X (Twitter) account “Given this, I can’t discern any sincere intent for genuine cooperation or willingness to meaningfully lift NEO’s value,” Zhang wrote. Noting NEO has continued to decline under Da’s leadership over the past several years, he formally called for Da to resign from his leadership role in the NEO ecosystem.