Blue Flame Holdings: Directors and executives resign, new directors elected and manager appointed

Blue Flame Holdings announced that the company's vice chairman and manager, Tian Yongdong, and director Zhang Zhiyong have resigned due to personal work changes. Tian Yongdong will no longer hold any position in the company, while Zhang Zhiyong will continue to serve as the Chief Accountant. On June 1, 2026, the company held a board meeting and agreed to appoint Guo Wenpeng as the company's manager, and nominated Guo Wenpeng and Wang Yuhong as candidates for non-independent directors of the Eighth Board of Directors. This matter will be submitted for approval at the second extraordinary shareholders' meeting in 2026. This change is part of the company's routine operations and does not affect its governance, operations, or debt repayment capabilities.