SFCE (01165) announced that Mr. Wang Yu has submitted his resignation from the positions of executive director, chairman of the board of directors, chief executive officer of the company, chairman of the nomination committee, and authorized representative of the company, effective September 26, 2025, to devote more time to his other personal business development. The board of directors further announced that Mr. Han Jibiao has been appointed as executive director, chairman, chief executive officer, chairman of the nomination committee, and authorized representative of the company, effective September 26, 2025.