HUISEN SHARES (02127): Hong Dazhi Appointed Executive Director and Chairman of the Board

HUISEN SHARES (02127) announces that with effect from 19 October 2026: Mr. Wu Runlu (Mr. Wu) has resigned as an executive director and the chairman of the board; Ms. Zeng Minglan (Ms. Zeng) has resigned as an executive director; Mr. Liu Jiong (Mr. Liu) has resigned as an independent non-executive director; and Mr. Feng Zhaowei (Mr. Feng) has resigned as an independent non-executive director. With effect from the date of this announcement: Mr. Hong Dazhi (Mr. Hong) has been appointed as an executive director of the Company and the chairman of the board; Mr. Luo Wenhao (Mr. Luo) has been appointed as an independent non-executive director of the Company; and Ms. Li Xiaotong (Ms. Li) has been appointed as an independent non-executive director of the Company. With effect from the date of this announcement, Mr. Wu has ceased to act as the authorized representative of the Company (the Authorized Representative). With effect from the date of this announcement, Mr. Hong has been appointed as the authorized representative under Rule 3.05 of the Listing Rules. Following the resignations of Mr. Wu, Ms. Zeng, Mr. Liu and Mr. Feng, with effect from the date of this announcement, they have ceased to hold their previous positions as members of the respective board committees of the Company. Mr. Le Kewei continues to serve as an independent non-executive director of the Company and continues to serve as the chairman of the audit committee, the chairman of the remuneration committee, the chairman of the corporate governance committee and a member of the nomination committee of the Company. With effect from the date of this announcement: Mr. Hong has been appointed as the chairman of the nomination committee and the risk management committee and a member of the corporate governance committee of the Company; Mr. Luo has been appointed as a member of the audit committee, the remuneration committee, the nomination committee, the corporate governance committee and the risk management committee of the Company; and Ms. Li has been appointed as a member of the audit committee, the remuneration committee, the nomination committee, the corporate governance committee and the risk management committee of the Company. In addition, trading in the shares of the Company remains suspended.