HIPINE (02583) announced that, following approval at the shareholders' meeting, Mr. She Dingshun has been appointed as an independent non-executive director for the fourth-term board. Mr. Li Yongzhong, Mr. Hu Shaohua, and Mr. Li Yangjin have been re-elected as executive directors, while Mr. Huang Liangdi has been re-elected as a non-executive director. Ms. Guo Xiaohong and Mr. Huang Shanrong have been re-elected as independent non-executive directors. The terms of these directors will last for three years, effective from November 28, 2025.

With the formation of the fourth-term board and in accordance with the company's articles of association, the board announced: (i) the election of Mr. Li Yongzhong as Chairman of the board; (ii) the appointment of Mr. Hu Shaohua as General Manager; (iii) the appointment of Mr. Li Yangjin as Board Secretary, Deputy General Manager, and Chief Financial Officer; and (iv) the appointment of Mr. Li Shuo as Deputy General Manager.

Additionally, Ms. Yao Xiangping and Mr. Zou Jianping have been re-elected as non-employee representative supervisors, with their terms also lasting three years, effective from November 28, 2025. Ms. Qin Yan, whose term as employee representative supervisor was about to expire, was re-elected to the position following a vote at the company's employee representative assembly on November 28, 2025. She will serve alongside the non-employee representative supervisors to form the fourth-term supervisory board.

Upon the establishment of the fourth-term supervisory board and in compliance with the company's articles of association, Ms. Yao Xiangping was elected as Chairperson of the supervisory board. Her term, approved during the supervisory board meeting held after the shareholders' meeting, will take effect immediately and last until the end of the fourth term.