Zhongtong bus director retires from board

Zhongtong Bus Holding Co., Ltd. announced that Mr. Li Ming has resigned from his positions as a director and member of related specialized committees of the company's eleventh board of directors. The company's board of directors received Mr. Li Ming's written resignation on December 26, 2025. The reason for his resignation is reaching the statutory retirement age.

According to the company, Mr. Li Ming's resignation will not cause the number of board members to fall below the statutory minimum. In accordance with the "Company Law" and the company's "Articles of Association," the resignation became effective upon the submission of his resignation report to the board of directors. Following his resignation, Mr. Li Ming will no longer hold any positions within Zhongtong Bus Holding Co., Ltd.

As of the date of this announcement, Mr. Li Ming does not directly hold any shares in the company, nor are there any unfulfilled commitments that he should undertake. Zhongtong Bus Holding Co., Ltd. expressed its sincere gratitude to Mr. Li Ming for his contributions to the company during his tenure.