Shenzhen Laibao Hi-tech deputy general manager Du Xiaohua resigns

On September 30, 2025, Shenzhen Laibao Hi-tech received a resignation report from Du Xiaohua, its deputy general manager. Du is stepping down due to reaching the statutory retirement age and will not hold any further roles within the company or its controlled subsidiaries. His resignation became effective on the date his report was delivered to the board of directors.

As of the announcement date, Du Xiaohua holds 138,412 shares in the company. His departure will not impact the company's operations, as he has completed necessary work handover procedures. His shareholdings will continue to be managed according to regulations concerning directors and senior management personnel's shareholding and reduction.

The board of directors expressed gratitude for Du Xiaohua's contributions to the company's development during his tenure.