Jiangxi Guotai Group(603977.SH): Chairman Xiong Xuqing resigns

Jiangxi Guotai Group (603977.SH) announced that the Board of Directors recently received a written resignation report from the Chairman and Director Xiong Xuqing. Xiong Xuqing applied to resign from the positions of Chairman and Director of the sixth Board of Directors of the company due to work changes arranged by the higher organization, and also resigned from the relevant positions in the Board of Directors' specialized committees. After resignation, he will not hold any other positions in the company. In order to ensure the normal operation of the Board of Directors and smooth business decision-making, in accordance with the relevant provisions of the Company Law and the Company's Articles of Association, until a new Chairman is elected, the Vice Chairman and General Manager Hong Yu will assume the Chairman's authority stipulated in the Company's Articles of Association as the legal representative, until a new Chairman is elected by the Board of Directors. The company will promptly complete the election of a new Chairman and adjust the members of the relevant specialized committees in accordance with relevant regulations.