LIANLIAN (02598) has announced that Mr. Xin Jie, Chief Executive Officer and Executive Director, and Ms. Wei Ping, Chief Financial Officer and Executive Director, have submitted their resignations to the board due to family reasons. Their resignations from the company's executive director roles will take effect from the date new executive directors are elected at the forthcoming 2025 annual general meeting. Prior to the effective date of their resignations, Mr. Xin and Ms. Wei will continue to perform their duties in accordance with relevant laws, regulations, and the company's articles of association. The board has approved the nomination of Mr. Shen Enguang and Mr. Sun Dali as candidates for executive directors of the company's board. The terms of Mr. Shen and Mr. Sun will commence from the date their appointments are approved at the annual general meeting to be held in June 2026, and will last until the expiry of the second board of directors' term. Mr. Xin has also resigned from his position as Chief Executive Officer, effective March 26, 2026. Following Mr. Xin's resignation as CEO, Mr. Zhang Zhengyu, Chairman and Executive Director, has been appointed as the company's Chief Executive Officer, effective March 26, 2026. Ms. Wei will step down from her role as Chief Financial Officer due to family reasons, effective June 30, 2026, from the date her resignation was formally submitted to the board. The board intends to propose the appointment of Ms. Wen Yingse, the company's Deputy Chief Financial Officer, as Chief Financial Officer following Ms. Wei's departure. Subject to board approval, this appointment is expected to take effect on June 30, 2026.