China Jicheng Holdings Limited (Stock Code: 1027) issued a supplemental announcement, providing further information regarding its 3 October 2025 disclosure on the appointment of an Executive Director and a change to its Chairman position.

According to the updated statement, the company’s articles of association require directors to retire by rotation, ensuring any director who has served for three years or longer since the last election steps down at the following annual general meeting. Newly appointed Executive Directors also serve until the first annual general meeting after their appointment and are then eligible for re-election.

The additional details confirm that Mr. Chen, appointed as an Executive Director effective 3 October 2025, will retire and be eligible for re-election at the next relevant annual general meeting. The announcement further notes that Mr. Chen will receive no director’s fee. Other information previously disclosed remains unchanged.