HEPHAESTUS HLDG (08173): Yan Fei Appointed as Independent Non-Executive Director

HEPHAESTUS HLDG (08173) announces that Ms. Ye Xiaoying has resigned as an executive Director with effect from 28 September 2026 in order to focus on her other business commitments. Ms. Ye Xiaoying has also ceased to act as the authorized representative of the Company under Rule 5.24 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited, and has ceased to be a member of the nomination committee of the Company. With effect from 28 September 2026, as Mr. Liu Junda will assume an executive role in the Group, he has been re-designated from an independent non-executive Director to an executive Director. As an executive Director, Mr. Liu Junda will be primarily responsible for overseeing the business development of the Group and exploring new strategic market opportunities. Following the re-designation, Mr. Liu Junda has ceased to act as the chairman of the nomination committee and a member of each of the audit committee and the remuneration committee of the Company. Mr. Liu Junda has been appointed as the authorized representative in place of Ms. Ye Xiaoying with effect from 28 September 2026. With effect from 28 September 2026, Ms. Yan Fei has been appointed as an independent non-executive Director, the chairman of the nomination committee, and a member of each of the audit committee and the remuneration committee.