LIANHUA (00980): Xu Xiaoyi is expected to be nominated and appointed as an executive director of the ninth board of directors.

LIANHUA (00980) announced that, upon recommendation of the Board of Directors, Ms. Xu Xiaoyi will be nominated as an executive director of the ninth Board of Directors, while Ms. Wu Siyun and Ms. Tian Yingjie will be nominated as non-executive directors of the ninth Board of Directors. Their terms will run from the date of the shareholders' annual general meeting until the end of the company's 2028 annual general meeting, subject to the company's articles of association. The Board of Directors recommends the re-election of current directors Ms. Wang Xiaoyan, Ms. Zhang Huiqin, Mr. Cao Hailun, Mr. Xia Dawei, Mr. Li Guoming, Mr. Chen Wei, and Mr. Zhao Xinsheng as candidates for the ninth Board of Directors. Their terms will run from the date of the shareholders' annual general meeting until the end of the company's 2028 annual general meeting, subject to the company's articles of association. The relevant resolutions will be presented at the shareholders' annual general meeting. Current non-executive directors Mr. Pu Shaohua, Ms. Shen Chen, and Ms. Yang Qin will retire upon the expiration of their terms at the end of the eighth Board of Directors (i.e. on the day of the shareholders' annual general meeting).