Zhitong Finance App News, Weilong Meishui (09985) announced that due to the Group's long-term sustainable development needs, Mr. Liu Fuping (Mr. Liu) has resigned as CEO of the Company with effect from November 3, 2026.

The Board further announced that Mr. Yu Feng (Mr. Yu) has been appointed as CEO and Co-Vice Chairman of the Company with effect from November 3, 2026. Due to the above job adjustments, Mr. Yu also resigned as Chief Financial Officer and Senior Vice President of the Company, effective from the same date.

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