Founder Securities announces departure of senior executive

Founder Securities announced today that Mr. Xu Zibing has resigned from his positions as a member of the executive committee and vice president of the company, effective July 8, 2025. According to the announcement, Mr. Xu’s resignation is due to his reaching retirement age. Founder Securities confirmed that Mr. Xu has no disagreements with the board and that his departure will not impact the company's normal operations. The board expressed its gratitude to Mr. Xu for his contributions during his tenure.