CDB LEASING (01606): Qualification of Bao Quanyong as President and Executive Director Approved

CDB LEASING (01606) announced that at the extraordinary general meeting held on May 18, 2026, Mr. Bao Quanyong was elected as an executive director of the third board of directors. The company has been informed that the Shenzhen Financial Regulatory Bureau has approved Mr. Bao's qualifications to serve as the company's president and an executive director of the third board of directors. Following deliberation and approval by the board of directors, Mr. Bao also serves as vice chairman of the company. Accordingly, the appointment of Mr. Bao as the company's president, an executive director of the third board of directors, and vice chairman of the company takes effect from September 18, 2026, and his directorship shall continue until the expiry of the term of the third board of directors, and he may be re-elected upon expiry of his term.