SHOUGANG RES (00639) announced that following the conclusion of the board meeting held on September 23, 2025, Mr. Chen Yi has been appointed as the company's executive director, chairman of the board of directors, chairman of the executive committee, and chairman of the nomination committee, as well as the company's authorized representative under Rule 3.05 of the Listing Rules. Mr. Fan Wenli will no longer serve as acting chairman of the board, acting chairman of the executive committee, acting chairman of the nomination committee, and authorized representative.