GR Life Style Company Limited announced a comprehensive board reshuffle effective 13 July 2026. Independent non-executive director (INED) Mr. Leung Louis Ho Ming resigned due to other business commitments and relinquished his roles on the Audit, Nomination and Remuneration Committees.

Concurrently, three new directors were appointed: • Mr. Chen Henan, 40, became Executive Director and Vice-Chairman. A Renmin University graduate, he brings management, M&A and internal control expertise from Beijing Chun Yu Tian Xia Software, China Securities and Choya Education. His initial one-year appointment carries no remuneration until the board finalises director emoluments. • Mr. Liu Bingyang, 52, joined as Executive Director. Holding dual master’s degrees, he offers 25 years of capital-markets and industrial-investment experience from roles at Duofu International Investment Group, Sany Group and Gome Holdings. His contract terms mirror those of Mr. Chen, with remuneration pending further review. • Mr. Huang Yining, 70, was named INED and member of the Audit, Nomination and Remuneration Committees. The chief physician and neurology professor at Peking University First Hospital will receive an annual director’s fee of HK$0.12 million under a one-year term.

Following these changes, Ms. To Tsz Wan Vivien was appointed Chair of the Remuneration Committee, replacing Mr. Leung.

The board now comprises five executive directors—Mr. Wei Chunxian (Chairman), Mr. Wei Laier, Mr. Sun Zhongmin, Mr. Chen Henan and Mr. Liu Bingyang—and three independent non-executive directors—Mr. Tung Woon Cheung Eric, Ms. To Tsz Wan Vivien and Mr. Huang Yining.