At a board meeting held on December 30, 2025, Mr. Nie Sen was elected as the Chairman of the Board of Directors and the Chairman of the Nomination Committee of the company. Concurrently, Mr. Li Zhen was elected as a member of the Audit Committee. The terms for all the aforementioned appointments are effective from the date of approval at the extraordinary general meeting until the conclusion of the ninth board of directors' term. On the same day, Mr. Nie Sen was also appointed as an authorized representative of the company.