CM Energy Tech Co., Ltd. announced that it received a written requisition dated 1 June 2026 from Prime Force Investment Corporation, which controls 1.53 billion shares—or 47.18% of the company’s issued share capital—requesting the removal of Non-Executive Director Mr. Zhang Xizheng with effect from 1 July 2026.

Under article 58 of the company’s Second Amended and Restated Articles of Association, any shareholder holding at least 10% of voting shares may demand an extraordinary general meeting to consider specified resolutions. Prime Force’s request meets this threshold.

The board has decided to include the proposed removal resolution in the forthcoming annual general meeting (AGM) agenda. A supplemental circular containing full details of the proposal and a revised notice of the AGM will be dispatched to shareholders in due course.

Article 86(5) of the Articles permits shareholders, by ordinary resolution at a duly convened general meeting, to remove a director before the expiration of his or her term.

The board stated it is not aware of any disagreement between Mr. Zhang Xizheng and the board.

As at the date of the announcement, the board consists of one Executive Director (Mr. Zhan Huafeng), five Non-Executive Directors (Mr. Mei Zhonghua, Mr. Liu Jiancheng, Mr. Tam Wing Tim, Mr. Zhang Xizheng and Mr. Zhang Menggui, Morgan) and three Independent Non-Executive Directors (Mr. Zou Zhendong, Ms. Zhang Zhen and Mr. Xue Jianzhong).