• Baiwang flagged executive director Jin Xin’s planned resignation, effective once a replacement is appointed.
• Zhu Liping was nominated as executive director; she was a Fosun Capital partner since 2017 focused on digital tech, AI, semiconductors.
• Zhu holds 177,400 H shares, about 0.078% of issued shares; she is also set to serve as board secretary.
• Independent non-executive director Song Hua also plans to step down, effective once a successor is appointed.
• Fu Ming was nominated as independent non-executive director; he has capital-markets experience, taught since 2025, researched AI and digital economy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baiwang Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260803-12269733), on August 03, 2026, and is solely responsible for the information contained therein.