Zhejiang Hu Hang Yong (00576.HK): Qian Wenhai formally takes up the position of chairman.

Zhtng Cijng APP News, Zhejiang Shanghai Hangzhou Ningbo (00576.HK) announced that on November 10, 2025, the company held its third interim shareholders' meeting of 2025, deliberating and approving the appointment of Qian Wenhai as the company's chairman and CEO. Mr. Qian Wenhai will officially take on the roles of chairman, legal representative, chairman of the board's strategic development and ESG committee, as well as CEO and acting CFO starting from the date of the shareholders' meeting.