Stock Code: 000988 Stock Abbreviation: Huagong Technology Announcement No.: 2025-71 Huagong Technology Co., Ltd. Announcement on Director Resignation and Election of Employee Director The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Director Resignation
Huagong Technology Co., Ltd. (hereinafter referred to as "Huagong Technology" or the "Company") received a written resignation report from Director Mr. Wu Tao on December 22, 2025. Due to adjustments in the company's governance structure and work reasons, Mr. Wu Tao has applied to resign from his position as a director of the Ninth Board of Directors. After his resignation, Mr. Wu Tao will not hold any positions in the Company.
In accordance with the "Company Law" and the "Articles of Association" and other relevant regulations, Mr. Wu Tao's resignation will not cause the number of directors on the Company's board to fall below the legal minimum, nor will it affect the lawful and standardized operation of the board or the normal business development of the Company. His resignation will take effect from the date the resignation report is delivered to the Company's board of directors. As of the date of this announcement, Mr. Wu Tao has no outstanding commitments to fulfill.