Mingfa Group (00846): The remaining two subsidiary companies in China have submitted applications for changes in their directors to the local regulatory authorities and are waiting for approval.

MINGFA GROUP (00846) announced that the respective boards of directors of its Chinese subsidiaries have proposed a restructuring. As of the date of this announcement, the remaining two Chinese subsidiaries have submitted applications for changes in their directors to the local regulatory authorities and are awaiting approval. The proposed restructuring at the subsidiary level will be completed after the relevant approvals are obtained from the local authorities.