SMIT Holdings Limited announced a forthcoming reshuffle of its board and committee structure, effective 2 April 2026.

Two Independent Non-Executive Directors (INEDs), Zhang Junjie and Jin Yufeng, have tendered resignations. Zhang will leave his roles as INED, Audit Committee member and Remuneration Committee chairman, while Jin will exit positions as INED and member of both the Remuneration and Nomination Committees. Both confirmed no disagreement with the board and no matters requiring shareholder attention.

The board has appointed Jiang Chunqian, aged 56, as INED, chairman of the Remuneration Committee and member of the Audit Committee, also effective 2 April 2026. Jiang meets Rule 3.13 independence criteria of the Hong Kong Listing Rules, holds no shares in SMIT and has no relationships with existing directors or major shareholders. His three-year appointment carries an annual director’s fee of US$24,000, with any additional bonus at the board’s discretion.

Jiang brings extensive investment banking and corporate governance experience, including senior roles at Donghai Securities, AVIC Securities and Guangdong Oxygen-enriched Fund Management, as well as past independent directorships at Angel Yeast Co., Ltd. and Hubei Xingfa Chemicals Group Co., Ltd. He holds a bachelor’s degree in Forging Processes and Equipment from Harbin Institute of Technology (1991) and a master’s degree in Political Economy from Guangdong Social Science University (1999).

Concurrently, Non-Executive Director Kwan Allan Chung-yuen will resign from the Remuneration Committee. Following these changes, Ms. Chen Ying and Ms. Zhang Min will join the Remuneration Committee, while Jiang will assume its chairmanship and Audit Committee membership.

As of the announcement date, SMIT’s board comprises two Executive Directors (Huang Xueliang and Chen Ying), two Non-Executive Directors (Kwan Allan Chung-yuen and Cai Jing), and three INEDs (Jiang Chunqian, Woo Kar Tung Raymond and Zhang Min).