STARJOY W&T (03662) has announced that Mr. Wang Jiren has resigned from his positions as Chairman of the Board, Executive Director, Group President, Chairman of the company's Nomination Committee, member of the company's Remuneration Committee, and Authorized Representative under Rule 3.05 of the Hong Kong Stock Exchange's Listing Rules, effective March 16, 2026. The resignation was due to personal family arrangements. Mr. Wang has also stepped down from his directorships in several subsidiaries of the Group. Separately, Ms. Jiang Nan has resigned from her position as a Non-Executive Director due to other work commitments, effective March 16, 2026.

Following the departures of Mr. Wang and Ms. Jiang, the Board announced the following changes to its composition, effective March 16, 2026: (i) Ms. Liang Jinrong, currently an Executive Director and a member of the Nomination Committee, has been appointed as Chairman of the Board and a member of the Remuneration Committee, and has been reassigned as Chairman of the Nomination Committee; and (ii) Mr. Tao Yu has been appointed as an Executive Director and an Authorized Representative. Mr. Tao will be responsible for overseeing the management of the Group's Hong Kong office, corporate development, strategic planning, and overseas business expansion.