Shandong Yabo Technology Co., Ltd.
Announcement on Company Chairman's Retirement and Election of Chairman
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
I. Company Chairman's Retirement
Shandong Yabo Technology Co., Ltd. (hereinafter referred to as the "Company") recently received the written resignation report from Chairman Mr. Zhang Zonghui. Mr. Zhang Zonghui has reached the statutory retirement age and has applied to resign from his positions as Chairman and Director of the Seventh Board of Directors.