Shanghai Yanhua Smartech Group: Executive President Gong Hongping has resigned for personal reasons.

Shanghai Yanhua Smartech Group announced that the company's Executive President Gong Hongping submitted a written resignation report due to personal reasons, resigning from the position of Executive President of the company, while also resigning from the positions of Director and General Manager of the company's holding subsidiary Hubei Yanhua Gaotou Smart City Investment Management Co., Ltd., and Chairman of the holding subsidiary Wuhan NOV Inc Smart City Industry Investment Fund Management Co., Ltd. After resigning, Gong Hongping will no longer serve as a senior management personnel of the listed company but will still hold related positions in the company's affiliated holding companies. Currently, Gong Hongping's resignation has taken effect, and his resignation will not affect the normal operation of the company. As of the date of the announcement, Gong Hongping did not hold any shares in the company.