FU SHOU YUAN (01448) announced that, effective January 27, 2026, Mr. He Min has been re-designated from an Independent Non-Executive Director to an Executive Director. Consequently, he has stepped down from his roles as Chairman of the Company's Audit Committee and as a member of the Compliance Committee. However, he will retain his position as a member of the Company's Nomination Committee. Given Mr. He's extensive experience in corporate management, private equity investment, and financial management, he has also been appointed as the Company's Chief Development Strategist. Separately, Mr. Tan Li'an has been re-designated from an Executive Director to a Non-Executive Director. He will continue to serve as Vice Chairman of the Board and as a member of the Company's Remuneration Committee.