Shaheshu Holdings: Chairman Chen Yong resigns due to work transfer.

Shahewei announcement: The board of directors recently received a written resignation report from Chairman Chen Yong. Chen Yong resigned from the positions of Chairman, Director, and various committees of the board of directors due to work transfer. After resigning, Chen Yong will no longer hold any positions in the company. As of the announcement date, Chen Yong and his immediate family members do not hold any shares of the company. Chen Yong's resignation will not affect the operation of the board of directors and the daily management of the company. The company will promptly complete the election of new directors and the election of a new chairman.