First Tractor (00038) announced that the 22nd meeting of the 9th Board of Directors will be held on August 2, 2024 via the Intelligent Financial News App. The proposal for the election of the Chairman of the 9th Board of Directors and the proposal for the appointment of members of the 9th Board of Directors' special committees were discussed and passed. All the directors unanimously agreed to elect Li Xiaoyu as the Chairman of the 9th Board of Directors, and also appointed him as the chairman of the Board's Strategic, Investment, and Sustainable Development Committee, a member of the Board's Nomination Committee. They also agreed to appoint Wei Tao as a member of the Board's Strategic, Investment, and Sustainable Development Committee, Yang Jianhui as a member of the Board's Compensation Committee, and Miao Yu as a member of the Board's Audit Committee. The term of office for these personnel starts from the date of approval by this meeting until the expiration of the 9th Board of Directors.