CMOC Group Limited announced changes to the supervisory board. Mr. Li Hongwei resigned as the employee representative supervisor due to personal work adjustments, effective December 10, 2024. On the same day, the employee representative assembly appointed Mr. Luo Yunxiang as the new supervisor, effective immediately. Mr. Li confirmed that there were no disagreements with the supervisory board or the Board of Directors and there were no matters requiring the attention of the Shareholder or Hong Kong Stock Exchange.Mr. Luo Yunxiang, born in 1981, holds a master's degree from the School of Management at Guangxi University for Nationalities. He has held senior management positions in well-known companies such as Walmart China, Alibaba Group, and JD.com, possessing rich experience in anti...Show More

CMOC Group Limited announced changes to the supervisory board. Mr. Li Hongwei resigned as the employee representative supervisor due to personal work adjustments, effective December 10, 2024. On the same day, the employee representative assembly appointed Mr. Luo Yunxiang as the new supervisor, effective immediately. Mr. Li confirmed that there were no disagreements with the supervisory board or the Board of Directors and there were no matters requiring the attention of the Shareholder or Hong Kong Stock Exchange.Mr. Luo Yunxiang, born in 1981, holds a master's degree from the School of Management at Guangxi University for Nationalities. He has held senior management positions in well-known companies such as Walmart China, Alibaba Group, and JD.com, possessing rich experience in anti-fraud, risk control, and compliance management. Since August 2024, Mr. Luo has served as the head of the Integrity Audit Department at CMOC. Mr. Luo will sign a service contract with the company, with a term ending upon the conclusion of the seventh supervisory board, and his compensation will be determined according to relevant regulations and the company's compensation management methods.The company stated that, apart from the disclosed information, Mr. Luo has no association with the company's directors, supervisors, senior executives, or major shareholders, has not served as a director in any other listed company in the past three years, and does not Hold shares in the company or relevant corporate entities. The company will disclose Mr. Luo's compensation in the annual report.