According to the Zhitong Finance App, China Commerce Group (01719) announced that after the annual general meeting of shareholders, Li Xiaoming had retired as executive director and resigned as chairman of the board of directors, chairman of the company's nomination committee, and authorized representative of the company under section 3.05 of the listing rules. In view of the above situation, at the board meeting held after the annual general meeting of shareholders, the company's board of directors decided to appoint Zhou Wei as the chairman of the board of directors, the chairman of the company's nomination committee, and the authorized representative of the company under section 3.05 of the listing rules. Meanwhile, Zhou Wei has resigned as a member of the company's remuneration committee.

In addition, Li Wei has been appointed as a non-executive director and a member of the Company's Remuneration Committee. The above changes will take effect on June 28, 2023.