CHINA OVERSEAS (00688) announced that Mr. Li Minbin, having served on the board for over thirteen years, will resign as an independent non-executive director of the company on June 25, 2026, to dedicate more time to other business commitments. Effective from the date of his resignation, he will no longer serve as Chairman of the Audit and Risk Management Committee, nor as a member of the Corporate Governance Committee, Nomination Committee, and Remuneration Committee. Mr. Li Minqiao will be appointed as an independent non-executive director of the company, Chairman of the Audit and Risk Management Committee, and a member of the Corporate Governance Committee, Nomination Committee, and Remuneration Committee, effective June 25, 2026.