LAI GROUP (08455): Wang Guoping appointed as executive director and chairman

LAI GROUP (08455) announces that Ms. Wen Peizhi has resigned as an executive director with effect from February 27, 2025; Dr. Zhu Qunxiao has stepped down as an independent non-executive director, chairman of the nomination committee, and member of the audit committee and remuneration committee; Mr. Wang Guoping has been appointed as an executive director and chairman; Dr. Chen Lishan will no longer serve as chairman and has been appointed as vice chairman; and Ms. Ma Yufei has been appointed as chairman of the nomination committee and member of the audit committee and remuneration committee.