Xingfa Group: Announcement on the Departure of the Company's Directors and the Election of Employee Directors

Securities Daily Network News: On March 9th, Xingfa Group announced that the company’s board of directors received a written resignation letter from Yuan Bing. Due to work adjustments, Yuan Bing has applied to resign from his position as a director of the company. After review and voting by the company’s staff representative conference, Li Meihui was elected as the staff director of the 11th board of directors, with a term starting from the date of this staff representative election until the end of the 11th board’s term.

(Editor: Yuan Guanlin)

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