Chongqing International Composite Materials Co., Ltd. 2026 Announcement
Securities Code: 301526 Securities Abbreviation: International Composite Announcement No.: 2026-043
Chongqing International Composite Materials Co., Ltd.
Announcement on the Resignation of the Chairman and Nomination of a Candidate for Non-Independent Director of the Third Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
I. Overview of the Chairman's Resignation and Departure
The Board of Directors of Chongqing International Composite Materials Co., Ltd. (hereinafter referred to as the "Company" or "International Composite") recently received the resignation report from Chairman Mr. Mo Qiushi. Due to work adjustments, Mr. Mo Qiushi has applied to resign from his positions as Chairman, Director, Chairman of the Strategy Committee, Member of the Strategy Committee, and Member of the Nomination Committee of the Third Board of Directors. The term for these positions was originally scheduled to end on February 5, 2026, to May 27, 2027.
Mr. Mo Qiushi will continue to perform his duties until the Company's Second Extraordinary General Meeting of Shareholders in 2026 elects new non-independent directors for the Third Board of Directors.
Mr. Mo Qiushi's resignation has not caused the number of directors on the Company's Board to fall below the legally required minimum. As of the date of this meeting, Mr. Mo Qiushi does not hold any shares in the Company and has no outstanding commitments that he has failed to fulfill. After his resignation, he will continue to strictly abide by the relevant laws and regulations. Mr. Mo Qiushi is currently completing the handover of work in accordance with the Company's relevant systems and regulations. The Company will complete the election of new directors and other related work as soon as possible in accordance with legal procedures.