According to the Petrochemical Oil Service announcement, the company received Wu Baizhi's resignation report on September 3, 2026. Wu Baizhi plans to resign as the company's chairman, legal representative, executive director, strategic committee chairman, and nomination committee member due to work adjustments. His resignation took effect when the company received the resignation report, and did not cause the company's board of directors to fall below a quorum. After leaving office until the new chairman is elected, Zhang Jiankuo, general manager of the company, will perform the duties of legal representative, and the company will complete the election of the new chairman as soon as possible. As of the disclosure date of the announcement, Wu Baizhi did not directly or indirectly hold the company's shares, and there were no unfulfilled promises.

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