Luzhou Lao Jiao director resigns citing personal reasons

Luzhou Lao Jiao Co., Ltd. today announced the resignation of Mr. Ying Hanjie from his positions as a director and a member of the remuneration and assessment committee of the eleventh board of directors. Mr. Ying cited personal reasons for his departure, which takes effect immediately. He was originally scheduled to serve until the expiration of the eleventh board of directors' term. Following his resignation, he will not hold any positions within the company or its controlled subsidiaries.

The company confirmed that Mr. Ying Hanjie did not hold any company shares as of the announcement date. Luzhou Lao Jiao stated that Mr. Ying’s resignation does not reduce the number of board members below the statutory minimum, ensuring the normal operation of the board. The company will initiate the process to elect a new director in accordance with legal procedures.

Luzhou Lao Jiao expressed its sincere gratitude to Mr. Ying for his dedicated service during his tenure, acknowledging his significant contributions to improving the company's regulated operations, scientific decision-making, and high-quality development.