CSSC Science & Technology chairman resigns due to "work adjustment"

CSSC Science & Technology Co., Ltd. announced today that its board of directors received a resignation letter from Mr. Wu Xingwang, who served as chairman, director, and chairman of the board's strategic committee. The resignation is effective from the date the board received the written report. Mr. Wu's original term was set to expire on June 24, 2027, but he is departing on September 5, 2025, due to a work adjustment. He will not continue to hold positions within the company or its controlling subsidiaries.

The company confirmed that Mr. Wu's resignation will not cause the number of board members to fall below the statutory minimum, nor will it affect the normal operation or management of the company. The board of directors expressed gratitude for his contributions to the company's operation, scientific decision-making, and healthy development during his tenure.

CSSC Science & Technology stated that it will promptly complete the re-election of a chairman in accordance with legal procedures.