DCWT (03768) announced that Mr. Chen Changyong, Executive Director and General Manager, has submitted his resignation to the board of directors on May 27, 2026, due to personal work changes. He has stepped down from his roles as Executive Director, member of the Strategy and Investment Decision Committee, General Manager, and the company's authorized representative as stipulated under Rule 3.05 of the Hong Kong Stock Exchange's Listing Rules. His resignation took effect on the date it was submitted to the board, May 27, 2026. Following Mr. Chen Changyong's resignation effective May 27, 2026, the Strategy and Investment Decision Committee now has only two members.

Separately, Mr. Xu Jingdong, a Non-Executive Director, has also submitted his resignation to the board on May 27, 2026, due to personal work changes, stepping down from his position as Non-Executive Director. His resignation took effect on the submission date, May 27, 2026.

On May 27, 2026, the board proposed the appointment of Mr. Ma Shuo as an Executive Director of the company's first-term board of directors. It also proposed the appointment of Ms. Ding Heng as a Non-Executive Director of the company's first-term board of directors. Additionally, Mr. Mu Yong has been appointed as an authorized representative, effective from May 27, 2026.