FAR International Holdings Group Company Limited (2516) announced additional details regarding the recent change of its Executive Director and Authorized Representative, following its announcement dated 20 January 2026. The board clarified that Mr. Shi has entered into an employment contract with a term of three years starting from 20 January 2026. His position is subject to rotation on retirement and re-election provisions at annual general meetings as stipulated in the company’s articles of association, and either party may terminate the contract with three months’ written notice.

Other details from the previous announcement remain unchanged. The board’s composition includes both executive and non-executive directors, as well as independent non-executive directors, under the leadership of Chairman and Executive Director Mr. Wang Quan. The company published this update on 22 January 2026.