Heng Tai (00197) has issued an announcement that Mr. Sun Banggui has tendered his resignation as an executive director due to his decision to devote more time to other business and personal matters, effective November 6, 2026.

Mr. Cao Zhenyu will be appointed as an executive director, a member of the company's nomination committee, and a member of the company's executive committee, effective November 6, 2026.