CHINA HANKING (03788): Founder and Non-executive Director Xia Zhuo has been appointed as Chairman of the Board.

CHINA HANKING (03788) announced that as of January 14, 2026, Mr. Yang Jiye resigned as an executive director, chairman of the board, CEO and president of the company, as well as chairman of the nomination committee and member of the Health, Safety, Environment, and Community Committee. Mr. Zheng Xuezhi also resigned as an executive director, COO, and executive vice president. Dr. Qiu Yumin, currently an executive director, was appointed as the CEO and president of the company to lead the company's transformation into a mid-sized gold producer. In addition, the founding shareholder and non-executive director Mr. Xia Zhuo was appointed as chairman of the board to work with Dr. Qiu Yumin, while Mr. Tang Wenbin and Mr. Zhang Junfeng were appointed as executive directors. Ms. Zhang Jing and Ms. Huang Kaiting resigned as joint company secretaries, with Ms. Zhang Jing continuing as an executive director and board secretary, Mr. Zheng Xuezhi and Ms. Huang Kaiting ceasing to act as authorized representatives. Mr. Pei Qiang and Ms. Ou Zheng were appointed as joint company secretaries, while Dr. Qiu Yumin and Ms. Ou Zheng were appointed as authorized representatives. Ms. Huang Kaiting also ceased to act as the authorized representative (legal process agent) of the company under Section 16 of the Companies Ordinance Chapter 622 of the Hong Kong Laws, and Ms. Ou Zheng was appointed as the legal process agent. Mr. Xia Zhuo was appointed as chairman of the nomination committee, and Ms. Zhang Jing was appointed as a member of the Health, Safety, Environment, and Community Committee of the company.