According to Zhitong Finance App, Yunnan Construction Investment Concrete (01847) issued an announcement. Due to job changes, Mr. Lu Jianfeng, executive director of the 2nd board of directors, and Ms. Hu Zhurong, executive director (employee director), submitted written resignations to the board of directors on March 28, 2024, to resign their executive directors and their respective positions in the special committee of the board of directors. According to the provisions of the “Company Law” and “Articles of Association”, the relevant resignation takes effect from the date the written resignation is delivered to the board of directors. After his resignation took effect, Mr. Lui Jianfeng also ceased to act as an authorized representative of the company under section 3.05 of the Hong Kong Listing Rules.

Following the resignation of Mr. Lu Jianfeng, executive director Mr. Zhang Long has been appointed as the company's authorized representative in accordance with section 3.05 of the Hong Kong Listing Rules to fill this vacancy, effective from March 28, 2024.

Since the term of the second board of directors of the company has expired, according to the provisions of the “Company Law” and “Articles of Association” and shareholder nominations, the board of directors recommended re-election of Mr. Li Zhangjian and Mr. Zhang Long as executive directors of the third board of directors, re-election of Ms. Yang Jia and Mr. Yang Jie as non-executive directors of the third board of directors, and re-election of Mr. Wang Jiaxin, Mr. Yu Dingming, and Mr. Li Hongkun as independent non-executive directors of the third board of directors. The board of directors also recommended the election of Mr. Liu Zhen as the executive director of the third board of directors.

Furthermore, Ms. Wang Fang has been elected by the joint meeting of the company's employee delegation (group) heads as the executive director (employee director) of the 3rd board of directors. She will join the non-employee directors elected at the 2023 Annual General Meeting of Shareholders to form the 3rd board of directors.