RICHLYFIELD-NEW (00313) announced that Mr. Li Yifeng has resigned from his positions as executive director, chairman of the board, chief executive officer, chairman of the nomination committee, member of the remuneration committee, authorized representative under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, and all positions in the company's subsidiaries, effective September 1, 2025. Mr. Xia Chunhui has been appointed as executive director, chairman of the board, chief executive officer, chairman of the nomination committee, member of the remuneration committee, authorized representative under the listing rules, and all positions in the company's subsidiaries, effective September 1, 2025.