Gongniu group: Director resigns, re-elected as employee representative

Gongniu Group Co., Ltd. announced that Mr. Xie Weimei resigned from his position as a director on the company's third board of directors due to work adjustments, effective December 11, 2025. Following his resignation, Mr. Xie Weimei will continue to hold other positions within the company, including group vice president and general manager of the wall switch and socket business unit.

The company's board stated that Mr. Xie Weimei's resignation will not impact the company's normal operations or its compliance with regulations, as the number of board members will remain above the statutory minimum. He held 225,030 shares, representing 0.01% of the company's total share capital.

On December 11, 2025, a company employee representative meeting elected Mr. Xie Weimei as an employee representative director for the third board of directors. His term will run from the date of the election until the expiration of the third board of directors' term. This change aligns with the company's efforts to enhance corporate governance by ensuring an employee representative on the board.