SEM HLDGS (09929) announced that Mr. Yin Zhiwei has resigned as an executive director; Mrs. Jane Yin Huier has resigned as a non-executive director; Mr. Liu Bingzhang has resigned as an independent non-executive director; and Dr. Engineer Huang Weiwen has resigned as an independent non-executive director, with all resignations effective from February 1, 2026. Mr. Yao Shuobin has been appointed as a non-executive director; Dr. Huang Mingxin has been appointed as an independent non-executive director; and Dr. Zang Yunzhi has been appointed as an independent non-executive director, with all appointments effective from February 1, 2026. The Board announced that, effective February 1, 2026, Mr. Yin Minqiang has resigned as Chairman of the Board, and Mr. Yao Shuobin has been appointed as Chairman of the Board.