HIPINE (02583) announced that Mr. Li Qi and Mr. Lin Yong, who have served as independent non-executive directors for nearly six years, will resign from their positions effective November 28, 2025. Mr. Li Qi will also step down as Chairman of the Board Remuneration and Appraisal Committee, member of the Board Audit Committee, and member of the Board Strategy Committee. Mr. Lin Yong will no longer serve as Chairman of the Board Nomination Committee and member of the Audit and Remuneration Committees. On November 13, 2025, the Board resolved to nominate Mr. She Dingshun as an independent non-executive director. Upon his appointment, Mr. She Dingshun will also assume the role of Chairman of the Remuneration Committee and member of the Nomination Committee.