Hanyu Group appoints employee representative director following governance change

Hanyu Group Joint-Stock (SZSE:300403) recently accepted the resignation of Mr. Zheng Likai from his position as a non-independent director of the fifth board of directors. Mr. Zheng will continue to serve as the company's deputy general manager. This change stems from an adjustment in the company's corporate governance structure and does not reduce the number of board members below the legal minimum.

Following Mr. Zheng's resignation, Hanyu Group held an employee representative meeting on September 12, 2025. During this meeting, employee representatives unanimously elected Mr. Zheng Likai as an employee representative director for the fifth board of directors. His term will commence from the date of this meeting and conclude at the end of the fifth board's term.

Mr. Zheng Likai holds 4,776,734 shares in Hanyu Group. His new role ensures that the total number of directors who also serve as senior management and employee representatives on the fifth board of directors does not exceed one-half of the total number of directors, aligning with relevant laws, regulations, and the company's articles of association.