XINTE ENERGY (01799): Wang Bin has been appointed as General Manager

XINTE ENERGY (01799) announced that Mr. Nan Xinjian has resigned from his positions as the companys General Manager, Executive Director, and a member of the Board's Remuneration and Appraisal Committee, effective from the date of this announcement, due to the need to devote more time to personal family matters. Mr. Nan will continue to hold other positions within the company after his resignation. Following the approval of the board meeting, Mr. Wang Bin has been appointed as General Manager, with a term starting from the date of this announcement until the expiration of the fifth term of the Board. In order to improve the governance structure of the Board, Mr. Wang Bin has also been nominated as the company's Executive Director after the Board's Nomination Committee conducted a review and recommendation in reference to the company's diversity policy for Board members and the skills required by the Board. The appointment of Mr. Wang Bin as Executive Director is subject to the approval of shareholders at the shareholders' meeting by ordinary resolution. Mr. Wang's term as Executive Director will commence from the date approved by the Company's shareholders and will last until the expiration of the fifth term of the Board. Additionally, the Board recommends the appointment of Mr. Wang Bin as a member of the Board's Remuneration and Appraisal Committee, with the same term as his Executive Director position.