Madison Holdings (08057) has issued an announcement that the board of directors hereby announces the following changes, effective from October 2, 2026: (1) Mr. Ji Zuguang has been reassigned from Chairman of the Board to Vice Chairman of the Board; (2) Mr. Jiang Tian has been removed as authorized representative; (3) Mr. Su Lei has been appointed as Chairman of the Board and authorized representative; (4) Dr. Zhang Yushan has resigned as executive director; (5) Dr. Liu Weng Jingjing has resigned as independent non-executive director and will no longer serve as a member of the audit committee, a member of the remuneration committee, and a member of the nomination and corporate governance committee; (6) Mr. Zhu Jianhong has resigned as independent non-executive director and will no longer serve as chairman of the audit committee, a member of the remuneration committee, and a member of the nomination and corporate governance committee; (7) Mr. Du Shaolin has been appointed as independent non-executive director, chairman of the audit committee, a member of the remuneration committee, and a member of the nomination and corporate governance committee; and (8) Ms. Han Huihui has been appointed as independent non-executive director, a member of the audit committee, a member of the remuneration committee, and a member of the nomination and corporate governance committee.