CG SERVICES (06098.HK) announced that Huang Peng has resigned as the company's Chief Financial Officer, effective December 5, 2025, to dedicate more time and effort to managing the group's incubation business. Huang will continue to serve as an Executive Director and oversee the daily operations of the incubation business segment, including environmental services, commercial management services, "three supplies and one industry," real estate brokerage, asset management, and other new ventures, while exploring further innovative opportunities.

Concurrently, Tian Tian has been appointed as the new Chief Financial Officer, responsible for financial management and capital market operations, effective December 5, 2025. Tian is a Certified Public Accountant (CPA) in China and a member of the Association of Chartered Certified Accountants (ACCA), with extensive experience in financial management and capital operations.

Her professional background is as follows: - July 2004: Earned a Bachelor of Engineering in Electrical Engineering and Automation from Tsinghua University. - July 2006: Obtained a Master of Management in Management Science and Engineering from Tsinghua University. - August 2006 to July 2010: Served as an auditor at KPMG Huazhen, later promoted to Senior Auditor. - October 2011 to March 2015: Held the position of Senior Finance Manager at 21Vianet Group (NASDAQ: VNET). - March 2015 to July 2016: Worked as Finance Director at Qunar (NASDAQ: QUNR, delisted in March 2017). - July 2016 to September 2020: Served as Executive Director at Zebra Global Capital. - October 2020 to February 2022: Acted as Vice President of Finance at Waterdrop (NYSE: WDH). - May 2022 to June 2025: Held the CFO role at a new energy logistics company. - December 2025: Appointed CFO of CG SERVICES.