HAICHANG HLDG (02255) announced that, due to recent events associated with Xiangyuan Holding Group Co., Ltd., Mr. Yu Faxiang has resigned from his positions as Executive Director, Chairman of the Board, and Chief Executive Officer of the company to attend to his personal affairs. This resignation became effective on the date of this announcement. Following his resignation, Mr. Yu Faxiang no longer serves as the Chairman of the company's Nomination Committee. Due to work adjustments, Mr. Zhan Xinwei has resigned from his positions as Executive Director and Authorized Representative, with this resignation also taking effect on the date of this announcement. Effective January 21, 2026, Mr. Liu Jiangtao has been appointed as an Executive Director, Chairman of the Board, and Chairman of the Nomination Committee. Concurrently, Mr. Li Hanqiang and Mr. He Qigen have been appointed as Non-Executive Directors. Existing Executive Director Mr. Ouyang Ming has been appointed as the Chief Executive Officer and Authorized Representative.