Shen Textile A: Chairman Yin Kefei resigns

Announcement from Shentex A: The company's board of directors has received a letter from the controlling shareholder, Investcontrol, suggesting that Yin Kefei no longer hold the positions of Party Committee Secretary, Chairman of the Board, Director, or Legal Representative of the company, in accordance with relevant work arrangements. The letter is effective immediately upon delivery to the board of directors. The board agrees that Yin Kefei will no longer hold the positions of Chairman of the Board, Director, convener of the Strategic Planning Committee, or Legal Representative of the company. After leaving office, Yin Kefei will not hold any positions in the company, its controlling subsidiaries, or affiliated companies.