Sinofert Holdings Limited (Stock Code: 297) announced that, with effect from 13 February 2026, Su Fu resigned as a non-executive director, Chairman of the Board, and Chairman of the strategy committee. The Board expressed gratitude for his contributions and confirmed that there were no disagreements between the outgoing Chairman and the Board.

On the same day, Sinofert Holdings Limited appointed Zhang Xuegong as executive director, Chairman of the Board, and Chairman of the strategy committee. Zhang, age 55, holds a Master of Science in physical chemistry from Tsinghua University and a master of business administration degree from China Europe International Business School. He has held positions at China Chemical Import and Export Corporation, Sinochem International Corporation, and Sinochem Holdings Corporation Ltd., among others. He previously served in various roles at Sinofert, including positions in the phosphate fertilizer division and the general office.

Zhang’s term of office is three years, subject to re-election provisions according to Sinofert Holdings Limited’s bye-laws. He is entitled to a fixed fee of RMB0.88 million per annum and may receive a year-end bonus based on the Company’s operating results and his performance. The remuneration was determined in accordance with the standards approved by the remuneration committee of the Board, taking into account Zhang’s responsibilities, experience, and market factors.