China World Trade Center proposes board change, nominates Zhao Yurquan

China World Trade Center Company announced its board of directors met on October 22, 2025, to address a change in the board. The board approved a proposal to remove Mr. Huang Guoxiang as a director and nominate Mr. Zhao Yurquan as a candidate for director. The board expressed gratitude to Mr. Huang for his contributions.

The change in directorship will be submitted for approval at the 2025 First Extraordinary General Meeting of Shareholders, scheduled for November 7, 2025, in Beijing. Shareholders on record as of November 3, 2025, are eligible to attend and vote.

Mr. Zhao Yurquan, 55, joined Shangri-La Group in May 2025 as senior vice president of new business development and in September 2025 as head of group investment and asset management (China). He previously held cfo roles at Tianyue Advanced Technology Co., Ltd., Pardell-Sandia, and Huazhu Hotels Group. Mr. Zhao holds an honorary bachelor's degree from the University of Warwick and is a member of the American Institute of Certified Public Accountants, the Hong Kong Institute of Certified Public Accountants, and a senior member of the Institute of Chartered Accountants in England and Wales. He does not currently hold shares in China World Trade Center Company.