Jiahua Group: Board of Directors holds early re-election, nominates multiple candidates for director positions

Jiahua Group announced that due to the completion of equity transfer between the original controlling shareholder of the company and Land Group, the controlling shareholder has changed to Land Group and the actual controller has changed to Shandong Provincial State-owned Assets Supervision and Administration Commission. The company plans to advance the board of directors' change. The board of directors plans to nominate Wang Yantai, Li Guangqing and 5 others as candidates for the seventh non-independent director, Li Bin, Chen Weijie and 3 others as candidates for independent directors, all with a term of three years. In addition, the company will revise the "Articles of Association", "Shareholders' Meeting Rules", and "Board Meeting Rules". The above proposals all need to be submitted for shareholder approval.