HQVT (01392) proposes to appoint Chen Danhui as a non-executive director.

HQVT (01392) announces that Mr. Yu Lijie (Mr. Yu) has tendered his resignation as a non-executive director of the Company and a member of the audit committee of the Board (the Audit Committee), effective from October 23, 2026, due to his need to devote more time and effort to other personal and business matters. The Board has resolved to appoint Mr. Zhong Luhuan, an independent non-executive director, as a member of the Audit Committee, effective from October 23, 2026. Following the effectiveness of the above appointment, the Audit Committee will be chaired by Mr. Chen Haiping, with Ms. He Jiaqian and Mr. Zhong Luhuan serving as members. Upon the recommendation of the nomination committee of the Board, the Board has resolved to propose the appointment of Mr. Chen Danhui (Mr. Chen) as a non-executive director to fill the vacancy in the non-executive director position arising from Mr. Yu's resignation.