GUOQUAN (02517) announced that Mr. Zhang Qichang has resigned from his positions as joint company secretary, agent for service of legal documents and authorized representative of the company, effective from August 4, 2025. Fangyuan has nominated Mr. Lin Gengchi to replace Mr. Zhang Qichang as one of the joint company secretaries, agent for service of legal documents and authorized representative, effective from August 4, 2025. Mr. Wang Hui has served and will continue to serve as another joint company secretary.