New Chai Co.: Chief Engineer Zhou Gaofeng resigns due to personal reasons

Xincaibo Co., Ltd. announces that Mr. Zhou Gaofeng, the company’s Chief Engineer, has applied to resign from his position as Chief Engineer due to personal reasons. After resignation, he will no longer hold any position in the company. Mr. Zhou Gaofeng’s original term was from December 28, 2023, to December 27, 2026. His resignation report will take effect from the date it is delivered to the company’s Board of Directors. As of the date of this announcement, Mr. Zhou Gaofeng holds 84,375 shares of the company, accounting for 0.03% of the total share capital. After resigning, Mr. Zhou Gaofeng will continue to comply with relevant laws, regulations, normative documents, and commitments regarding share reduction.

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