Fujian Fujing Technology Co., Ltd.
Announcement on Chairman's Retirement and Election of Chairman, and Election of Additional Director
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
Company Chairman's Retirement
Fujian Fujing Technology Co., Ltd. (hereinafter referred to as the "Company") recently received the written resignation report submitted by Chairman Mr. Chen Hui. Due to reaching the statutory retirement age, Mr. Chen Hui has applied to resign from his positions as Chairman, Director, and member of the Strategy Committee of the Company's Seventh Board of Directors, as well as directorships in subsidiaries and investee companies.
Mr. Chen Hui's term of office in the Company was originally scheduled to expire on the date of the expiration of the Seventh Board of Directors' term. His resignation will not result in the number of directors on the Company's Board falling below the statutory minimum. The resignation report shall take effect from the date it is delivered to the Board of Directors. As of the date of this announcement, Mr. Chen Hui holds 2,611,618 shares in the Company. After his departure, he will continue to comply with the "Interim Measures for the Management of Shareholding Reduction by Shareholders of Listed Companies," the "Regulations on the Management of Shareholdings of Directors and Senior Management of Listed Companies," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 18 – Shareholder and Director/Senior Management Shareholding Reduction," and other relevant laws, regulations, and normative documents. There are no outstanding commitments that should have been fulfilled but have not been.
The Company and the Board of Directors express their sincere gratitude to Mr. Chen Hui for his contributions to the Company's development during his tenure!