CHINA RE (01508): Zhuang Qianzhi appointed as Chairman of the Board of Directors.

CHINA RE (01508) announces that Mr. He Chunlei has resigned from his positions as Chairman of the Board, Executive Director, Chairman of the Board's Strategic and Sustainable Development Committee, and member of the Board due to reaching the statutory retirement age. His resignation will take effect from the date his resignation letter is delivered to the Board, effective September 18, 2025. Mr. Zhuang Qianzhi has been appointed as the Chairman of the Fifth Board of Directors, pending approval of his qualifications for the position by the China Banking and Insurance Regulatory Commission. His term will last until the end of the Fifth Board of Directors' term, with the option for re-election. Before formally assuming the position of Chairman, Mr. Zhuang will act as the legal representative and Chairman on behalf of the company starting September 18, 2025 until he officially assumes his role as Chairman. Due to work arrangements, Mr. Zhuang Qianzhi will no longer serve as the CEO of the company starting September 18, 2025. He will act as the interim leader in place of the CEO until the new CEO officially assumes the position. The Board of Directors announces that Mr. He Chunlei will no longer serve as the authorized representative of the company as per Rule 3.05 of the listing rules. Mr. Zhuang Qianzhi has been appointed as the new authorized representative, with the appointment effective from September 18, 2025.