1. Resignation of Independent Director
The Board of Directors of Henan YN Holdings Co., Ltd. (hereinafter referred to as "the Company") recently received a written resignation letter from Mr. Zhao Jianying, an independent director. Mr. Zhao applied to resign from his position as an independent director and as a member of relevant special committees of the Board due to personal reasons. After his resignation, Mr. Zhao will no longer hold any position in the Company. His original term was set to expire at the end of the tenth term of the Board of Directors. Given that Mr. Zhao's resignation will result in the proportion of independent directors on the Board and special committees not meeting relevant regulations, in order to ensure the normal operation of the Board and its special committees, according to the Company Law, the Management Measures for Independent Directors of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Standardized Operations of Main Board Listed Companies, and the relevant provisions of the Articles of Association, Mr. Zhao's resignation will take effect after the election of a new independent director at the Company's shareholders' meeting. Until the resignation takes effect, Mr. Zhao will continue to perform his duties as an independent director and as a member of relevant special committees of the Board in accordance with laws, administrative regulations, and the Articles of Association. Mr. Zhao will ensure a smooth transition after the election of the new independent director. As of the date of this announcement, Mr. Zhao does not directly or indirectly hold any shares in the Company and has no unfulfilled commitments. The Company sincerely thanks Mr. Zhao for his diligence and contributions during his tenure as an independent director.