MEXAN (00022) has announced that Mr. Chen Daming has resigned from his positions as Executive Director and a member of the company's Executive Committee to focus on other business commitments, effective March 20, 2026. Effective from the same date, Mr. Luo Xueru has been appointed as an Executive Director, and Ms. Li Jingyi has been appointed as an Independent Non-Executive Director.

Following the appointments of Mr. Luo and Ms. Li, the composition of the Executive Committee, Remuneration Committee, and Nomination Committee will change from March 20, 2026. Mr. Luo has been appointed as a member of both the Executive Committee and the Remuneration Committee. Meanwhile, Executive Director Ms. Wang Wanfen will step down from the Nomination Committee, with Ms. Li appointed to take her place.