Great Star Industrial announces internal audit head's resignation

Hangzhou Great Star Industrial Co., Ltd. announced today that Mr. Fang Lei has resigned from his position as the head of the internal audit department due to personal reasons. His resignation is effective immediately upon submission to the board of directors. Following his departure, Mr. Fang Lei will no longer hold any other positions within the company.

The company's board of directors received Mr. Fang Lei's resignation recently. In accordance with relevant laws and regulations, Hangzhou Great Star Industrial will promptly initiate the process to appoint a new head for the internal audit department.

Hangzhou Great Star Industrial expressed sincere gratitude to Mr. Fang Lei for his diligent service and contributions to the company's development during his tenure. This announcement was released by the company's board of directors on December 19, 2025.