Shanghai Iluvatar CoreX Semiconductor Co., Ltd. (Stock Code: 9903) has announced that a non-executive director, effective February 13, 2026, will step down. According to the company, the resignation of the outgoing director, due to personal work arrangements, does not affect the overall composition of the board. The board has confirmed there are no matters needing further attention and extended its gratitude for past contributions.

Concurrently, the chief financial officer has been reassigned as vice president to focus on investor relations and strategic investment in the capital markets. The newly appointed chief financial officer will oversee the overall financial and financing affairs of the group, and a new vice president will focus on expanding sales within key industries. The company’s board extended a welcome to the management team members in their new roles and highlighted their respective professional experiences.