CH TIANBAO GP(01427): Hou Liang's term as an independent non-executive director has expired.

CH TIANBAO GP (01427) announced that Mr. Hou Liang's term as an independent non-executive director expired on October 20, 2025. Due to Mr. Hou Liang's desire to focus on other business arrangements, it has been decided that his appointment letter will not be renewed after the expiration of his term. Upon the expiration of his term, Mr. Hou Liang will no longer serve as a member of the company's audit committee, remuneration committee, nomination committee, investment decision committee, and strategic planning committee.