Announcement on Changes in Senior Management Personnel
This announcement is made pursuant to the relevant provisions of the Company Law of the People's Republic of China, the Shenzhen Stock Exchange Stock Listing Rules No. 1 - Main Board Listed Company Standardized Operation, and other relevant laws, regulations, and normative documents, as well as the Company's Articles of Association, regarding the qualifications of senior management personnel.
Lanzhou Yellow River Enterprise Co., Ltd. (hereinafter referred to as the "Company") held the twenty-third meeting of the twelfth Board of Directors on July 6, 2026, and reviewed and approved the "Proposal on the Appointment of Senior Management Personnel." The relevant matters are as follows:
I. Resignation of President Guo Lili
The Board of Directors received the resignation report from President Guo Lili on July 6, 2026. Due to adjustments in work responsibilities, Guo Lili applied to resign from the position of President. According to the "Company Law" and the "Company's Articles of Association," Guo Lili's resignation report has been submitted to the Board of Directors, and it will take effect from the date it is approved by the twelfth Board of Directors.
The twelfth Board of Directors' Nomination Committee reviewed and approved the resignation of Guo Lili on July 6, 2026. The twenty-third meeting of the twelfth Board of Directors was convened, and the "Proposal on the Appointment of Senior Management Personnel" was reviewed and approved. The Board of Directors agreed to appoint Tan Yuexin as the President of the Company (Tan Yuexin's resume is detailed in the appendix of this announcement). His term of office will be from the date of approval by this Board meeting until the expiration of the term of the twelfth Board of Directors.
According to the relevant provisions of the "Company's Articles of Association," the President is the legal representative of the Company. The Company's legal representative will change from Guo Lili to Tan Yuexin. The Board of Directors authorizes the Company's management and their authorized personnel to handle the industrial and commercial registration filing matters as required by the industrial and commercial registration authority.
II. Appointment of President Tan Yuexin
Given Guo Lili's resignation as President, the Board of Directors' Nomination Committee reviewed and approved the proposal. On July 6, 2026, the Company convened the twenty-third meeting of the twelfth Board of Directors, which reviewed and approved the "Proposal on the Appointment of Senior Management Personnel." The Board of Directors agreed to appoint Mr. Tan Yuexin as the President of the Company (Mr. Tan Yuexin's resume is detailed in the appendix of this announcement). His term of office will be from the date of approval by this Board meeting until the expiration of the term of the twelfth Board of Directors.