Su Zhou Xin Guang Yi Electronics Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
The Company held the 11th meeting of the 2nd Board of Directors on April 27, 2026, to review and approve the proposal regarding the change of General Manager and the appointment of Vice General Manager and Securities Affairs Representative. The specific circumstances are as follows:
I. Resignation of Senior Management
Recently, the Board received written reports from Mr. Li Yongsheng requesting to resign from the position of General Manager and Mr. Xie Xiaohua requesting to resign from the position of Vice General Manager. Mr. Li Yongsheng stated that he decided to resign to better focus on managing and expanding market operations, promoting the stable development of the Company. Mr. Xie Xiaohua indicated that he decided to resign to better fulfill his duties independently and promote the high-quality development of the Company; after resigning as Vice General Manager, he will continue to serve as the Company Secretary. Their original terms were from February 22, 2025, to February 21, 2028, and these matters will not affect the normal operation and management of the Company. As of the date of this announcement, Mr. Li Yongsheng indirectly holds 95,000 shares of the Company through the employee stock ownership platform Suzhou Dingli Xin Enterprise Management Center (Limited Partnership), accounting for 0.06% of the total share capital, and his shares will continue to be managed in strict accordance with relevant laws, regulations, and commitments. Mr. Xie Xiaohua directly holds 640,000 shares of the Company, accounting for 0.44% of the total share capital, and his shares will also continue to be managed in strict accordance with relevant laws, regulations, and commitments.
II. Appointment of Senior Management
- Appointment of General Manager
The Company held the 11th meeting of the 2nd Board of Directors on April 27, 2026, to review and approve the proposal regarding the change of General Manager and the appointment of Vice General Manager and Securities Affairs Representative. To meet the operational development needs of the Company, Mr. Xia Chaohua has been nominated by the Chairman and approved by the Board of Directors' Nomination Committee. The Board agreed to appoint Mr. Xia Chaohua as the General Manager, with a term starting from the date of this Board meeting's approval until the end of the 2nd Board's term. Mr. Xia Chaohua has continuously promoted the development and progress of the Company since its establishment and possesses rich enterprise management experience, qualifying him for the position of General Manager. His concurrent role as Chairman and General Manager will help strengthen the Company's operational decision-making and management, enhance overall operational efficiency, and ensure better implementation of the Board's decisions to achieve the Company's long-term strategic goals. Mr. Xia Chaohua's qualifications comply with the Company Law, the Shenzhen Stock Exchange's Self-Regulatory Guidelines for Listed Companies No. 2—Standardized Operations of GEM Listed Companies, and the Company's Articles of Association. After Mr. Xia Chaohua's appointment as General Manager, the total number of directors concurrently serving as senior management will not exceed half of the total number of directors on the Board.