Bright jewelery: Director Yin Shangliang resigns.

Announcement of Mingpai Jewelry: The company received a written resignation report from director Yin Shangliang on November 14, 2025. Due to adjustments in the company's governance structure, Yin Shangliang has applied to resign from the position of director of the sixth board of directors, but will continue to serve as deputy general manager of the company. The resignation report will take effect upon delivery to the company. On the same day, the company held a workers' representative meeting and elected Yu Huadong as the worker director of the sixth board of directors, with a term ending on the expiration date of the sixth board of directors.