China CSSC Holdings announces supervisory board chairman resignation

China CSSC Holdings announced that its Supervisory Board recently received a written resignation from Mr. Shen Liang, the Chairman of the Supervisory Board, effective immediately. Mr. Shen's resignation is due to retirement, and he will no longer hold any position within the company. Mr. Shen has confirmed that there are no disagreements with the Supervisory Board and no matters related to his resignation that require the attention of the company's shareholders. The resignation is effective from the date of delivery to the Supervisory Board. The company stated that Mr. Shen's departure will not affect the legal and compliant operation of the Supervisory Board, nor will it affect the company's normal business development. The Supervisory Board expressed its deep gratitude to Mr. Shen for his contributions to the company's business development and corporate governance during his tenure as Chairman. This announcement was made by the Supervisory Board of China CSSC Holdings on May 31, 2025.