BYD ELECTRONIC (00285): Suggest electing Rong Xiuli and Cao Yushan as independent non-executive directors.

BYD ELECTRONIC (00285) announcement, Mr. Chung Kwok-mo and Mr. Qian Jingjie, two independent non-executive directors of the company, will retire at the annual general meeting of shareholders to be held on June 9, 2026 in accordance with the company's articles of association. Since the terms of office of Mr. Chung Kwok-mo and Mr. Qian Jingjie have exceeded the 9-year limit under the Corporate Governance Code of the Listing Rules of The Stock Exchange of Hong Kong Limited, they have decided not to seek re-election at the annual general meeting. Therefore, Mr. Chung Kwok-mo and Mr. Qian Jingjie will retire as independent non-executive directors of the company after the conclusion of the annual general meeting. On the same day, Mr. Chung Kwok-mo will no longer be an independent non-executive director, chairman of the audit committee, member of the nomination committee, or member of the remuneration committee of the company, while Mr. Qian Jingjie will no longer be an independent non-executive director, chairman of the remuneration committee, member of the audit committee, or member of the nomination committee of the company. To fill the vacancies, the company will propose the election of Ms. Rong Xiuli and Mr. Cao Yushan as independent non-executive directors of the company at the annual general meeting in accordance with the Listing Rules of The Stock Exchange of Hong Kong Limited and the company's articles of association. Pending approval of the relevant resolutions appointing Ms. Rong and Mr. Cao as independent non-executive directors at the annual general meeting, they will become independent non-executive directors of the company after the conclusion of the annual general meeting. On the same day, Ms. Rong will be appointed as chairman of the remuneration committee, member of the audit committee, member of the nomination committee, and member of the strategic and sustainable development committee, while Mr. Cao will be appointed as chairman of the audit committee, member of the nomination committee, and member of the remuneration committee.