I. About the Situation of Independent Director's Term Expiration
Liaoning Xinde New Materials Technology (Group) Co., Ltd. (hereinafter referred to as "the Company") has recently received the resignation letter from Mr. Guo, an independent director of the Company, stating that he will resign from his position as an independent director due to the expiration of his term. According to the "Regulations on the Administration of Independent Directors" and the "Company Law," the Company will proceed with the selection of a new independent director.