CHONGQING M&E (02722) announced that the company's board of directors recently received a nomination document from its controlling shareholder, Chongqing Mechanical & Electrical Holding (Group) Co., proposing Mr. Yue Xiangjun as a candidate for Chairman of the company's seventh board of directors.

The board is pleased to announce that, following an election held at the first extraordinary meeting of the seventh board of directors on January 12, 2026, Mr. Yue Xiangjun was elected as Chairman of the seventh board of directors. His term will commence from the date of approval at this board meeting and will continue until the expiration of the current board's tenure.