Honghua Group Limited (Stock Code: 196) has announced that, effective 19 January 2026, there will be changes to its non-executive directorship and certain board committee roles. According to the announcement, a non-executive director has resigned, and a new non-executive director has been appointed. In addition, membership adjustments have been made for the audit, strategic investment, and remuneration committees.

A non-executive director, Mr. Yang Yangzhuang, resigned from the Board and from his roles on the audit committee and the strategic investment committee. Following his departure, Mr. Yang indicated no disagreement with the Board and no additional matters that require the attention of shareholders. The Company expressed gratitude for his contributions.

Mr. Liu Hui has been appointed as a non-executive director, as well as a member of both the audit committee and the strategic investment committee. Mr. Liu, aged 60, previously held management and leadership roles at various companies, including Dongfang Electric Corporation and its subsidiaries. He has entered into a three-year service contract with Honghua Group Limited, effective from 19 January 2026, and does not receive director’s remuneration.

Separately, from 19 January 2026, Mr. Wang Xu will no longer serve as a member of the remuneration committee due to governance adjustments, though his other positions remain unchanged. The Board extended a welcome to Mr. Liu and stated that all other positions and responsibilities remain as before.