Nanjing Panda Electronics Co., Ltd. (00553): Hu Jin appointed as authorized representative

Zhitong Finance App News, Nanjing Panda Electronics Co., Ltd. (00553) issued an announcement. The board of directors of Nanjing Panda Electronics Co., Ltd. received a written resignation report from Mr. Xia Dechuan, the chairman and executive director of the company on November 13, 2026. Due to job transfers and adjustments, Mr. Xia Dechuan applied to resign as chairman and executive director of the company, and also resign as chairman of the Strategy and Sustainable Development Committee, member of the Nomination Committee, and member of the Remuneration and Assessment Committee under the board of directors. After his resignation, Mr. Xia Dechuan ceased to be an authorized representative of the company.

Mr. Hu Jin, a non-executive director of the company, has been appointed as the company's authorized representative under section 3.05 of the listing rules with effect from November 13, 2026 to fill the vacancy caused by the resignation of Mr. Xia Dechuan.

The 11th board of directors of the company met on November 13, 2026. The nomination of Mr. Lu Bin and Mr. Wan Lei as candidates for the executive directors of the 11th board of directors of the company was reviewed and approved. The term of office was synchronized with the 11th board of directors, and took effect when the resolution was reviewed and passed by the company's shareholders' meeting.

The board of directors of the company received Mr. Lu Bin's written resignation report on November 13, 2026. Due to job transfers and adjustments, Mr. Lu Bin applied to resign as the company's deputy general manager.