TIMES NEIGHBOR (09928) announced that Zhou Rui's tenure as an executive director will expire on December 18, 2025. As Zhou intends to dedicate more time to personal matters, he has confirmed his decision not to renew his executive director service contract upon expiration. He will also step down as a member of the company's Environmental, Social, and Governance (ESG) Committee and as an authorized representative, effective December 18, 2025. Chen Xiaole will be appointed as an executive director, a member of the ESG Committee, and an authorized representative, effective the same date. Ms. Chen will also assume the role of Chief Financial Officer, overseeing the company's financial management and capital market operations.