CONCORD HC GP has announced that the company's board of directors received a resignation letter from Mr. Chang Liang, who notified the board that he is stepping down from his role as executive director due to personal career planning. Mr. Chang's resignation is effective from the date of this announcement. On May 11, 2026, the company held a staff representative conference. Following deliberation by the employee representatives present, Ms. Jiang Ying was elected as an employee representative director for the fourth board of directors. Her appointment is effective from the date of this announcement and her term will align with that of the fourth board of directors. She is eligible for re-election upon the expiry of her term.