XINMING CHINA (02699): Li Yanwen appointed as chairman of the Audit Committee and Remuneration Committee.

XINMING CHINA (02699) announced that starting from the conclusion of the 2022 and 2023 Annual General Meetings, there will be changes in the composition of the Audit Committee and Remuneration Committee. Ms. Li Yanwen has been appointed as the Chairman of both committees. As Resolutions 3(a), 3(c), 3(d), 3(e), 3(f), and 3(g) were not passed as ordinary resolutions by way of poll voting at the 2022 and 2023 Annual General Meetings, Mr. Feng Cizhao and Mr. Zhou Fenli have retired and are no longer eligible for reappointment as Executive Directors. Ms. Gao Qiaoqin and Mr. Zhou Zhenchun have retired and are no longer eligible for reappointment as Non-executive Directors. Mr. Xu Qilin has retired and is no longer eligible for reappointment as an Independent Non-executive Director, Chairman of the Audit Committee and Remuneration Committee, and member of the Nomination Committee. Mr. Zhao Gongze has retired and is no longer eligible for reappointment as an Independent Non-executive Director, member of the Audit Committee, Remuneration Committee, and Nomination Committee.