Shanghai Mechanical & Electrical director resigns for work reasons

Shanghai Mechanical & Electrical Industry announced on October 29, 2025, that its board of directors received a written resignation from director Qian Yiqun on October 28, 2025. Qian resigned from his position on the company's eleventh board of directors due to work-related reasons.

As of the announcement date, Qian Yiqun does not hold any company shares and has no outstanding commitments or obligations to the company. His original term was set to expire on April 18, 2027. He is not continuing to serve in any capacity at the listed company or its controlled subsidiaries.

Qian Yiqun’s resignation is effective immediately and will not cause the number of board members to fall below the statutory minimum, nor will it impact the board's operations or the company's normal business. The company's board expressed sincere gratitude for his diligent service and contributions and will initiate the process to elect a new director.