BQD (03866) nominated Zhang Shixing as a candidate for independent non-executive director.

BQD (03866) announced that the Board has received the resignation report from Mr. Wang Zhuquan. Due to personal work reasons, Mr. Wang Zhuquan will no longer serve as a candidate for independent non-executive director of the ninth Board of Directors, effective from March 25, 2026. The Board deliberated and approved the nomination of Mr. Zhang Shixing as a candidate for independent non-executive director of the ninth Board of Directors on March 26, 2026. Mr. Zhang Shixing's appointment as an independent non-executive director of the Bank is subject to approval by the Bank's shareholders' meeting. Upon approval by the Bank's shareholders' meeting, his qualification for the position will need to be submitted to the Qingdao Regulatory Bureau for approval. His term of office will be from the date of approval of his qualification until the expiration of the term of the ninth Board of Directors. The Board agreed to appoint Ms. Chen Shuang as a member of the Board Nomination Committee, with Mr. Wu Xianming no longer serving as a member of the Board Nomination Committee effective from March 26, 2026. As Mr. Fan Xuejun intends to no longer serve in any position on the specialized committees of the ninth Board of Directors, the Board agreed to appoint Mr. Zhang Shixing as the Chairman of the Board Audit Committee, a member of the Board Remuneration Committee, a member of the Board Nomination Committee, and a member of the Board Related Party Transaction Control Committee, all effective upon approval of his qualification by the regulatory authorities.