600824.SH announced that the board of directors received the written resignation report submitted by Chen Hongzhi, the chairman of the company, on November 11, 2022. Due to job changes, Chen Hongzhi applied to the board of directors to resign as chairman of the ninth board of directors, director, and members of special committees of the board of directors. Chen Hongzhi will not hold other positions in the company after his resignation. Chen Hongzhi's resignation report will take effect from the date it is served on the board of directors.

The company will complete the relevant work such as electing the new director and chairman and adjusting the members of the special committee of the board of directors as soon as possible in accordance with legal procedures. In order to ensure the normal operation of the company and the board of directors, in accordance with the articles of Association of the company, the vice-chairman of the company assists the chairman in his work, and if the chairman is unable to perform or fails to perform his duties, the vice-chairman shall perform his duties, Zhang Yi, the vice-chairman and general manager of the company, will perform the duties of the chairman and legal representative in an all-round way until the new chairman elected by the company begins to take office.