Gelonghui May 7 丨 Yueyang Lin Zhi (600963.SH) announced that the board of directors of the company recently received the resignation report of Mr. Li Zhan, vice chairman and general manager of the company. Due to job adjustments, Mr. Li Zhan resigned as general manager of the company. The resignation report took effect on the day it was delivered to the company's board of directors. After his resignation, Mr. Li Zhan will continue to serve as the company's vice chairman and a member of the strategic development committee of the board of directors. As of the disclosure date of this announcement, Mr. Li Zhan held 926,000 shares of the company, including 90,000 restricted shares granted by the equity incentive plan.

On May 7, 2024, the company held the 29th meeting of the 8th board of directors to review and pass the “Proposal on Changing the Company's General Manager and Legal Representative”, and agreed to appoint Mr. Liu Lixin as the company's general manager for a term of office beginning on the date of review and approval by the board of directors until the end of the term of the 8th board of directors. According to the “Articles of Association of Yueyang Forest Paper Co., Ltd.” (hereinafter referred to as the “Articles of Association”) “Article 9. The general manager is the company's legal representative”, Mr. Liu Lixin will act as the company's legal representative after becoming the company's general manager. The company will complete the registration procedure for the change of legal representative as soon as possible in the future.