Xiangcai Corporation: Cheng Haidong resigns from the position of director of the company.

Xiangcai Corporation announced on September 9th that Director Cheng Haidong has applied to resign from his position as a director of the company due to corporate governance needs. His resignation will take effect from the date of delivery of the resignation report to the company's board of directors. After his resignation, Cheng Haidong will continue to serve as the company's Vice President and Chief Financial Officer, as well as a director of its subsidiary, Zhejiang Xianglian Industrial Co., Ltd.