CHINA RE (01508) has announced that its board of directors convened a meeting on May 29, 2026, and reviewed and passed the "Proposal on Nominating Mr. Zhang Xueyong as an Independent Director Candidate for the Company's Fifth Board of Directors." Accordingly, the board is pleased to announce that Mr. Zhang Xueyong has been nominated as an independent non-executive director candidate for the fifth board of directors. His appointment is subject to approval by the company's shareholders' meeting. His term will commence from the date the National Financial Regulatory Administration approves his director qualification and will last until the expiration of the term of the fifth board of directors. Upon expiration, he may be re-elected for consecutive terms.