LANGU CO (Stock Code: 08072) confirmed that, effective 22 May 2026, Yue Kwai Wa Ken has resigned as Chief Executive Officer to focus on other business commitments. Yue will continue to serve as Executive Director, Board Chairman and Company Secretary, with no change to his existing terms of appointment. The Board reported no disagreement with Yue and expressed appreciation for his contributions during his CEO tenure.

The Board simultaneously appointed Pang Chaoran, aged 31, as the new CEO. Pang currently serves as General Manager of Suzhou Maomao Kuai Pao Pet Products Technology Co., Ltd. (since December 2024) and Product Manager & Graphic Design Supervisor at Jiangsu Langu Environmental Technology Co., Ltd. (since January 2019). His responsibilities have spanned product R&D, supply-chain coordination, brand visual design and project execution across pet products and home appliances.

Pang holds both bachelor’s and master’s degrees in Information Management for Business from University College London (completed July 2018). Under a letter of appointment, he will receive a monthly remuneration of HK$0.03 million, terminable by either party with one month’s written notice. He directly owns 3.80 million LANGU CO shares and has no other relationships or directorships that require disclosure under the GEM Listing Rules.

The leadership change enables LANGU CO to comply with Corporate Governance Code provision C.2.1, which requires separation of Chairman and CEO roles. The Board welcomed Pang’s appointment and reiterated its commitment to maintaining robust governance standards.

As of the announcement date, the Board comprises Executive Directors Yue Kwai Wa Ken (Chairman) and Li Sheung Him Michael, and Independent Non-Executive Directors Chung Man Lai, Li Tak Yin and Suen Tin Yan.