Effective July 15, 2025, Hengyi Holdings (01894) announces significant board restructuring. Deng Chaowen has resigned from his positions as Chairman of the Board, Independent Non-executive Director, and member of the Audit Committee, Remuneration Committee, and Nomination Committee due to other business commitments. Simultaneously, Tan Yanyan has stepped down as Independent Non-executive Director and relinquished her memberships across the Audit, Remuneration, and Nomination Committees, also citing scheduling conflicts with external professional engagements.

The company simultaneously announces new appointments taking effect immediately. Lin Ruzhou joins the board as an Executive Director, bringing fresh leadership perspective. Furthermore, Han Fei assumes the role of Independent Non-executive Director. Han Fei's responsibilities extend to committee assignments, where he will serve on the Audit Committee, Nomination Committee, and Remuneration Committee, strengthening governance oversight from today onward. These strategic changes aim to maintain robust corporate governance while transitioning leadership responsibilities smoothly.