DCWT(03768) recommends appointing Mu Yong as an executive director.

DCWT (03768) issued an announcement that Mr. Zeng Feng, an executive director of the company, is reaching the statutory retirement age and intends to resign from his positions as executive director, chairman of the board, chairman of the strategic and investment decision-making committee, member of the nomination committee, and member of the remuneration and appraisal committee. His resignation will take effect on the date when his written resignation is formally submitted to the board. Until his resignation takes effect, Mr. Zeng will continue to fulfill his duties and responsibilities related to his positions. At the 266th meeting of the first board of directors of the company held on April 10, 2026, it was proposed and approved to appoint Mr. Mu Yong as an executive director of the first board of directors of the company. The proposal to appoint Mr. Mu as an executive director of the company will be submitted as a resolution at an extraordinary general meeting of the company for the shareholders' consideration and approval.