HEBEI CONS(01727): Li Baozhong, Shang Jinfeng, Zhao Wensheng, Tian Wei, and Zhang Wenzhong are appointed as executive directors.

HEBEI CONS (01727) announced that, starting from June 29, 2026, (i) Mr. Li Baozhong, Mr. Shang Jinfeng, Mr. Zhao Wensheng, Mr. Tian Wei, and Mr. Zhang Wenzhong were appointed as executive directors of the fourth board of directors; (ii) Mr. Li Baoyuan was appointed as a non-executive director of the fourth board of directors; and (iii) Ms. Hou Peiying, Mr. Ling Bin, and Ms. Wang Bei were appointed as independent non-executive directors of the fourth board of directors. Ms. Shen Lifen, Ms. Chen Xin, and Mr. Chen Yisheng will retire as independent non-executive directors as they will have served for more than 9 years, and will not participate as director candidates in the fourth board of directors election effective from June 29, 2026. Mr. Tian Wei was elected as the staff representative director of the fourth board of directors, serving from June 29, 2026 to the expiration of the fourth board of directors' term. Following the annual general meeting, the first meeting of the fourth board of directors of the company was held, and it was resolved that Mr. Li Baoyuan be appointed as the honorary chairman of the fourth board of directors of the company and Mr. Li Baozhong be appointed as the chairman of the fourth board of directors of the company, serving from June 29, 2026 to the expiration of the fourth board of directors' term. Following the annual general meeting, the first meeting of the fourth board of directors of the company was held, and it was resolved that the chairmen and members of the various committees of the fourth board of directors be appointed as follows: Nomination Committee: Mr. Ling Bin (Chairman), Ms. Hou Peiying, Ms. Wang Bei. Remuneration and Assessment Committee: Ms. Wang Bei (Chairman), Ms. Hou Peiying, Mr. Ling Bin. Audit Committee: Ms. Hou Peiying (Chairman), Mr. Ling Bin, Ms. Wang Bei. Strategic Committee: Mr. Li Baozhong (Chairman), Mr. Shang Jinfeng, Mr. Zhao Wensheng. Following the annual general meeting, the first meeting of the fourth board of directors of the company was held, and it was resolved that Mr. Shang Jinfeng be reappointed as the president of the company, serving from June 29, 2026 to the establishment of the fifth board of directors and appointment of the new president.