CHENMING PAPER (01812) has elected Jiang Yanshan as the Chairman.

CHENMING PAPER (01812) announced that the Board of Directors has agreed to elect Mr. Jiang Yanshan as the Chairman of the 11th Board of Directors of the company, with the term starting from the date of the approval of this Board meeting until the end of the term of the 11th Board of Directors of the company. The company completed the Board of Directors' election on October 28, 2025, and Mr. Li Weixian's term as General Manager has expired. The company is currently in a transitional phase of resuming work and production and resolving risks. After careful evaluation, the Board of Directors has agreed not to appoint a General Manager temporarily. In order to ensure the normal operation of the company's various tasks, Mr. Jiang Yanshan, the Chairman of the Board of Directors, will assume the responsibilities of the General Manager during the vacancy period until a new General Manager is appointed according to the procedures. Furthermore, the Board of Directors has agreed to appoint Mr. Li Weixian, Mr. Liu Peiji, Mr. Meng Feng, Ms. Zhu Yanli, Mr. Dong Lianming, Mr. Guo Qinyin, Mr. Ge Guangming, and Mr. Yuan Xikun as the Deputy General Managers of the company. They also agreed to appoint Ms. Zhu Yanli as the Chief Financial Officer of the company, Mr. Yuan Xikun as the Secretary of the Board of Directors, Mr. Zhu Hanliang as the Secretary (Hong Kong) of the company, and Ms. Chen Lin as the Securities Affairs Representative of the company.