CHINA CINDA (01359): Wang Pengcheng approved to serve as independent non-executive director

CHINA CINDA (01359) announced that the company recently received approval from the Financial Regulatory Authority for Mr. Wang Pengcheng (Mr. Wang) to serve as an independent non-executive director of the company (Approval No. [2026]360). Therefore, Mr. Wang will serve as an independent non-executive director of the company. His appointment as a director will be effective from July 4, 2026, for a term of three years, and he may be re-elected upon the completion of his term. Additionally, Mr. Wang will also serve as the Chairman of the Audit Committee, a member of the Strategic Development Committee, and a member of the Related Party Transaction Control Committee. On July 4, 2026, the company received the resignation of Mr. Lu Zhengfei, an independent non-executive director of the company. Mr. Lu submitted his resignation due to the completion of his term, resigning from his positions as independent non-executive director, Chairman of the Audit Committee, member of the Risk Management Committee, and member of the Related Party Transaction Control Committee.