DOWWAY (08403) announced that effective February 9, 2026, Mr. Li Huaguo, Mr. Yan Jinghui, and Mr. Dong Kejia have resigned as executive directors, while Mr. Lian Mingcheng has resigned as a non-executive director. Ms. Xu Shuang and Mr. Ma Lin have resigned as independent non-executive directors. Mr. Sun Wei has been appointed as Chairman of the Board, while Mr. Huang Xiaodi has resigned as Chairman but will remain as an executive director and Chief Executive Officer. Additionally, Ms. Zhou Yiyan has been appointed as a member of the company's audit committee, replacing Ms. Xu Shuang who has resigned from the committee. Mr. Sun Wei has been appointed as Chairman of the nomination committee, and Ms. Zhou Yiyan has been appointed as a member of the nomination committee. Ms. Xu Shuang has resigned as Chairman of the nomination committee and Mr. Yan Jinghui has resigned as a member of the nomination committee.