Chongqing M&E Co., Ltd announced on June 25, 2024 that Executive Director and Chairman of the Board Mr. Zhang Fulong resigned from his positions including Chairman of the Board, Executive Director, Chairman of the Strategic Committee, Chairman of the Nomination Committee and the Company's legal representative due to job transfer. Mr. Zhang's resignation will not result in the board of directors being below the statutory minimum number of members, nor will it affect the normal operation of the board of directors. The resignation has taken immediate effect. Mr. Zhang confirmed that there is no disagreement with the board of directors and the supervisory board and no other matters need to be reported to shareholders and creditors. The company expresses gratitude for Mr. Zhang's contributions during his tenure and will convene a board meeting as soon as possible to elect a new chairman and legal representative.

Chongqing M&E Co., Ltd announced on June 25, 2024 that Executive Director and Chairman of the Board Mr. Zhang Fulong resigned from his positions including Chairman of the Board, Executive Director, Chairman of the Strategic Committee, Chairman of the Nomination Committee and the Company's legal representative due to job transfer. Mr. Zhang's resignation will not result in the board of directors being below the statutory minimum number of members, nor will it affect the normal operation of the board of directors. The resignation has taken immediate effect. Mr. Zhang confirmed that there is no disagreement with the board of directors and the supervisory board and no other matters need to be reported to shareholders and creditors. The company expresses gratitude for Mr. Zhang's contributions during his tenure and will convene a board meeting as soon as possible to elect a new chairman and legal representative.