GCL System Integration announces sponsor representative change for 2020 stock issuance

GCL System Integration Technology Co., Ltd. (GCL System Integration) announced a change in its continuing supervision sponsor representatives. The company received a letter from Shenwan Hongyuan Securities Underwriting & Sponsorship Co., Ltd. regarding the replacement of sponsor representatives for GCL System Integration's 2020 non-public stock issuance project.

Originally, Li Ran and Zhao Zhidan were designated as the sponsor representatives. However, Mr. Li Ran has resigned due to personal reasons. To ensure effective ongoing supervision, Shenwan Hongyuan Securities Underwriting & Sponsorship has appointed Mr. Xu Yan to take over Mr. Li Ran's responsibilities for the 2020 non-public stock issuance project. Mr. Xu Yan is a senior vice president and sponsor representative at Shenwan Hongyuan Securities Underwriting & Sponsorship, with a strong background in securities issuance projects.

Following this change, the continuing supervision sponsor representatives for GCL System Integration's 2020 non-public stock issuance project will be Mr. Xu Yan and Mr. Zhao Zhidan. The company made this announcement on November 7, 2025.