According to an announcement dated 3 March 2026, Xinming China Holdings Limited (Stock Code: 2699) reported the resignations of an executive director, Hu Chaozhou, and a non-executive director, Cao Zhiqiang. Both directors resigned due to other work arrangements and personal commitments, effective 3 March 2026. Cao Zhiqiang also ceased to be a member of the company’s nomination committee and relinquished his role as an authorised representative.

The announcement confirms that neither departing director has any disagreement with the board. The company further announced that current executive director, Shi Jianwen, has been appointed as the new authorised representative, also effective 3 March 2026.

The board expressed appreciation for the contributions of the departing directors and extended a welcome to the newly appointed authorised representative.