Jiutai Digital Technology removes executive director Hong Kun after six-month absence and terminated acquisition mandate

Bulletin Express07-31

Jiutai Digital Technology Holdings Limited announced that Executive Director Hong Kun was removed from the Board, effective 9 July 2026, in accordance with Article 86(3) of the company’s Articles of Association.

The Board cited two principal reasons:

1. Attendance breach: Hong Kun failed to attend any Board meetings—six were convened—between 5 December 2025 and 9 July 2026 without special leave, triggering automatic vacation of office under the Articles.

2. Mandate concluded: Hong Kun’s role focused on integrating and operating Delingha Enesoon New Energy Technology Co. Ltd. Following the Group’s decision to cease all work on the Delingha acquisition on 5 December 2025, the director’s primary responsibilities were rendered obsolete.

Legal counsel confirmed that the removal complies fully with Cayman Islands law and the company’s constitutional documents. The Board stated there is no disagreement with Hong Kun and no other matters requiring shareholder or Stock Exchange attention. Operations of Jiutai Digital Technology and its subsidiaries are expected to remain unaffected.

Post-change, the Board comprises: • Executive Directors: Yu Huang (Chairman), Wang Ochoa Longhai, Qu Xuanbai • Non-executive Directors: Zheng Jingyun, Chan Chun Wing • Independent Non-executive Directors: Wang Shiling, Gong Lan, Huang Chunlian

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