Yanghe Group: Elect Chen Jun as Vice Chairman and President, approves donation of 3.9 million yuan.

Yanghe Stock Announcement: The company's 8th Board of Directors' 21st meeting approved multiple proposals. Chen Jun was elected as the vice chairman of the 8th Board of Directors and appointed as the company's president. Chairman Gu Yu will no longer serve as president. The meeting also approved the establishment of a wine body design center and a donation of 3.9 million yuan for the "Guizhou Guijiu Dream Project" public welfare project. Chen Jun has held various positions, does not hold any company shares, has no relationship with the company, and has no violations of laws or regulations.