Zongheng Co., Ltd.: Vice General Manager Wang Chen has applied to resign from his position as Vice General Manager of the company due to overall work arrangements.

Zongheng Co., Ltd. announced that Mr. Wang Chen, the company’s Vice President, has applied to resign from his position due to overall work arrangements. Mr. Wang Chen’s resignation report will take effect from the date it is delivered to the Board of Directors. After resigning as Vice President, Mr. Wang Chen will continue to serve as a director and hold other internal positions within the company. His resignation from the vice president role will not affect the normal operation of the company’s related work. Mr. Wang Chen holds 10.268 million shares of the company, accounting for 11.72% of the total share capital.

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