As of the 31 October 2025 announcement, Mingfa Group (International) Company Limited (Stock Code: 00846) reported that two remaining PRC subsidiaries have submitted applications to the competent local regulatory bureau for board of directors’ changes. Completion of the proposed restructuring awaits official approvals.

According to the announcement, final confirmation from the local bureau will mark the conclusion of the board restructuring process. Mingfa Group will provide additional updates on a monthly basis until the process is fully finalized.