SEVEN ELEMENTS (01660) has announced a series of leadership changes effective August 28, 2026. Meng Zhaoyi has resigned as Executive Director, Chairman of the Board, Authorised Representative under Rule 3.05 of the Listing Rules, and Authorised Representative for accepting legal documents or notices on behalf of the company in Hong Kong under Rule 19.05(2) of the Listing Rules and Part 16 of the Companies Ordinance (Cap. 622) to devote more time to his other business commitments.

Following Mr. Meng's resignation, the Board has appointed Ye Yinan as Chairman of the Board, Authorised Representative, and Legal Process Agent, effective August 28, 2026. Concurrently, Mr. Ye has stepped down as Chief Compliance Officer on the same date.

In a related move, Wen Xiaojian has resigned as Chairman of the Investment Committee and as a member of the Nomination Committee and Remuneration Committee, effective August 28, 2026. Mr. Ye has been appointed as Chairman of the Investment Committee and as a member of the Nomination Committee and Remuneration Committee, filling the vacated positions.