QINGDAO HLDGS(00499): Yin Desheng and Li Xue resign as independent non-executive directors.

QINGDAO HLDGS (00499) announced that Mr. Yin Desheng (Mr. Yin) and Mr. Li Xue (Mr. Li) have resigned as independent non-executive directors (independent NEDs) of the Company in accordance with the Company's Corporate Governance Code for the independence and term of office of independent NEDs, effective from December 29, 2025. The resignation complies with the Corporate Governance Code set out in Appendix C1 of the Listing Rules of The Stock Exchange of Hong Kong Limited (the Exchange). The Board is pleased to announce that following Mr. Li's resignation, Ms. Qi Yan (Ms. Qi, who has been an independent NED and a member of the Audit Committee, Nomination Committee, and Remuneration Committee since June 27, 2025) has been appointed as the Chairperson of the Audit Committee, effective from December 29, 2025.