Taizhou Water Group Co., Ltd. (Stock Code: 1542) has announced that its non-executive director, Mr. Yang Yide, passed away on October 23, 2025, due to illness. Mr. Yang, who joined the board in March 2011, was acknowledged for his valuable contributions during his tenure.
Following this development, the total number of directors has decreased from 15 to 14, and the number of members of the board’s nomination committee has been reduced from seven to six. The company has noted that the composition of the board and its committees remains otherwise unchanged. An additional announcement will be made when a new appointment is confirmed.