Announcement on Director Resignations and Election of Directors for the Sixth Board of Directors
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false representations, misleading statements, or material omissions.
I. Director Resignations
The board of directors of Dagang Holdings Group Co., Ltd. (hereinafter referred to as the "Company") recently received resignation reports from non-independent directors Mr. Wei Erqi and Mr. Huang Ming, and independent directors Mr. Jiao Shijie and Ms. Han Lijun. The specific details are as follows:
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Mr. Wei Erqi has applied to resign from his position as a director of the Sixth Board of Directors due to work adjustments, and has also resigned from his position as a member of the Nomination Committee of the Sixth Board of Directors. After his resignation, Mr. Wei Erqi will continue to serve as the Company's Secretary of the Board.
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Mr. Huang Ming has applied to resign from his position as a director of the Sixth Board of Directors due to work adjustments, and has also resigned from his position as a member of the Strategy Committee of the Sixth Board of Directors. After his resignation, Mr. Huang Ming will continue to serve as the Company's Vice President.
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Mr. Jiao Shijie has applied to resign from his position as an independent director of the Sixth Board of Directors due to personal reasons, and has also resigned from his position as the convenor and member of the Remuneration and Appraisal Committee of the Sixth Board of Directors, a member of the Audit Committee of the Sixth Board of Directors, and a member of the Strategy Committee of the Sixth Board of Directors. After his resignation, Mr. Jiao Shijie will no longer hold any positions in the Company.
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Ms. Han Lijun has applied to resign from her position as an independent director of the Sixth Board of Directors due to personal reasons, and has also resigned from her position as the convenor and member of the Nomination Committee of the Sixth Board of Directors, and a member of the Audit Committee of the Sixth Board of Directors. After her resignation, Ms. Han Lijun will no longer hold any positions in the Company.
The original term of office for the above individuals was scheduled to expire on April 8, 2027. Due to their resignations, the number of members on the relevant board committees will not meet regulatory requirements and the provisions of the "Company Articles of Association." To ensure the continuity and compliance of the work of the board's special committees and to maintain the normal operation of the company's governance and daily operations, Mr. Wei Erqi, Mr. Huang Ming, Mr. Jiao Shijie, and Ms. Han Lijun will continue to perform their duties as directors and members of the board's special committees until new members of the special committees are elected and take office.
As of the disclosure date of this announcement, Mr. Wei Erqi holds 333,938 shares of the Company. Mr. Huang Ming, Mr. Jiao Shijie, and Ms. Han Lijun do not hold any shares in the Company. Mr. Wei Erqi, Mr. Huang Ming, Mr. Jiao Shijie, and Ms. Han Lijun have no outstanding commitments that they have failed to fulfill.
The Company's Board of Directors expresses its sincere gratitude for the contributions made by Mr. Wei Erqi, Mr. Huang Ming, Mr. Jiao Shijie, and Ms. Han Lijun to the development of the Company during their tenure.
II. Election of Directors