Zhongnan Co., Ltd. announced that Lan Yin, the company's director and president, resigned as a member of the company's director, president, and strategy committee member of the board of directors due to work reasons. Following the nomination of the chairman Xie Qi and review by the board nomination committee, the board of directors of the company appointed Feng Guohui as the company's president and legal representative. The term of office was the same as the 10th board of directors from the date of review and approval by the board of directors. Up to now, Feng Guohui has not held shares in the company, has no relationships with shareholders, actual controllers, or other directors and supervisors who hold more than 5% of the shares, and has met the relevant eligibility requirements.

Zhongnan Co., Ltd. announced that Lan Yin, the company's director and president, resigned as a member of the company's director, president, and strategy committee member of the board of directors due to work reasons. Following the nomination of the chairman Xie Qi and review by the board nomination committee, the board of directors of the company appointed Feng Guohui as the company's president and legal representative. The term of office was the same as the 10th board of directors from the date of review and approval by the board of directors. Up to now, Feng Guohui has not held shares in the company, has no relationships with shareholders, actual controllers, or other directors and supervisors who hold more than 5% of the shares, and has met the relevant eligibility requirements.