Guo Fang Group: Zhang Huiyang appointed as Chairman of the Board, Zhang Hui appointed as General Manager.

Guofang Group Announcement: The 7th Board of Directors of the company has been established, with Zhang Huiyang serving as Chairman of the Board. The board members include Zhang Huiyang, Zhang Hui, Meng Li, Yang Jianxing, Li Yuan, Liu Jidi, Li Chengyan, Li Zongyi, and Chen Yongping. Various specialized committees have been established, with Zhang Huiyang serving as Chairman of the Strategic Committee. In terms of senior management, Zhang Hui serves as General Manager, Meng Li as Deputy General Manager, Li Yuan as Chief Financial Officer, and Ma Lin as Secretary of the Board of Directors.