YUEYUN TRANS (03399) Proposes Re-election and Appointment of Directors

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YUEYUN TRANS (03399) announced that according to the company's articles of association, directors serve three-year terms and may be re-elected for consecutive terms upon expiration. The company's board of directors is currently in its eighth term. Given that the eighth term board of directors has expired, the company intends to proceed with the election of the ninth term board of directors. According to the articles of association, the board of directors recommends: (a) re-electing Mr. Zhu Fang, Mr. Huang Wenban, Mr. Hu Xianhua, and Mr. Hu Jian as executive directors of the ninth term board; (b) appointing Mr. Yuan Dengping and Mr. Cai Fen as non-executive directors of the ninth term board; (c) re-electing Mr. Su Wujun, Ms. Huang Yuan, and Mr. Zhang Xiangfa as independent non-executive directors of the ninth term board; and (d) appointing Ms. Mu Huihua as an independent non-executive director of the ninth term board.

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