Zhitong Finance App News, Yu Fengchang Holdings (08631.HK) announced that Mr. Wang Xinlong, Mr. Yan Lei, Dr. Wang Junxia, Mr. He Junlong, and Ms. Liang Lina will no longer serve as directors at the end of the special shareholders' meeting after receiving shareholders' approval to remove them from their positions as directors. Since December 18, 2025, Mr. Wang Xinlong has also ceased to be the chairman of the board of directors and the authorized representative of the company as stipulated in section 5.24 of the GEM Listing Rules. Mr. Luo Mingyi has been appointed as the chairman of the board of directors, and Mr. Leung Cheuk Wai, the executive director, has been appointed as the authorized representative.

Zhitong Finance App News, Yu Fengchang Holdings (08631.HK) announced that Mr. Wang Xinlong, Mr. Yan Lei, Dr. Wang Junxia, Mr. He Junlong, and Ms. Liang Lina will no longer serve as directors at the end of the special shareholders' meeting after receiving shareholders' approval to remove them from their positions as directors. Since December 18, 2025, Mr. Wang Xinlong has also ceased to be the chairman of the board of directors and the authorized representative of the company as stipulated in section 5.24 of the GEM Listing Rules. Mr. Luo Mingyi has been appointed as the chairman of the board of directors, and Mr. Leung Cheuk Wai, the executive director, has been appointed as the authorized representative.