*ST Xiangyou announced that on July 20, 2026, Chairman Dong Zhihong, directors Feng Hongqi, and Xu Yibiao resigned due to job transfers and will not work for the company or holding subsidiaries after leaving office. The resignations of the three did not reduce the number of board members below the minimum required number. The resignation report took effect on the same day and did not adversely affect the company. On the same day, the company held a board meeting and agreed to by-elect Li Peng as a director of the 9th board of directors for the term of office from review and approval by the shareholders' meeting until the end of the current board of directors term.

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