Freda announced that on October 16, 2026, the company held the third interim meeting of the 12th board of directors in 2026 to review and approve the appointment of Liu Fei and Yin Chengqiang as the company's deputy general managers. The term of office starts on the date of review and approval of the current board of directors and ends on the date the term of the 12th board of directors expires. The two do not hold shares in the company, have no relationship with the company's controlling shareholders, actual controllers, etc., and meet the relevant eligibility requirements.

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