ShangHai JinFeng Wine (600616.SH): Chairman and General Manager Tang Wenjie resigns

Announcement of Resignation from Shanghai JinFeng Wine (600616.SH): The Board of Directors of the company recently received the resignation application from the Chairman and General Manager Tang Wenjie. Due to work transfer, Tang Wenjie applied to resign from the positions of Director, Chairman, General Manager of the 11th Board of Directors, Director of the Board's Strategic Committee, and member of the Board's Compensation and Assessment Committee. After resigning from the above positions, Tang Wenjie will no longer hold any position in the company. The resignation report of Tang Wenjie will take effect from the date of delivery to the company's Board of Directors. In view of Tang Wenjie's resignation, it is proposed to appoint Zhu Yong as a director of the company; it is decided to appoint Xu Lili as the Deputy General Manager of the company, and to act as the General Manager. The terms of office for the two aforementioned individuals will expire at the end of this term of the Board of Directors. The appointment of director will need to be submitted for approval at the shareholders' meeting.