Beijing Certificate Authority announces chairman's retirement, succession plan

Beijing Certificate Authority (SZSE:300579) has announced that chairman Zhan Banghua is retiring due to age, effective December 17, 2025. Mr. Zhan will resign from all positions, including chairman, director, and committee roles, and will no longer hold any positions within the company or its subsidiaries. He currently holds 7,207,450 shares, representing 2.67% of the company's total share capital.

Following Mr. Zhan's departure, the company's Fifth Board of Directors, in its twenty-fifth meeting on December 18, 2025, elected Mr. Lin Xueyan as the new chairman, effective immediately until the end of the current board term. Mr. Lin will also assume the role of legal representative and act as general manager until a new general manager is appointed. Additionally, Mr. Lin has been appointed as the convener of the Strategy and Sustainable Development Committee and a member of the Nomination Committee. Ms. Yan Yi was also appointed as a member of the Strategy and Sustainable Development Committee.

Mr. Lin Xueyan, born in 1972, previously served as the company's deputy general manager and currently holds 1,398,403 shares (0.52% of total capital). Ms. Yan Yi, born in 1984, is currently a director of the company and holds no shares.