ZJLD (06979) announced that Mr. Yan Tao will step down from his position as Chief Executive Officer and will continue to contribute to the group as Executive Director and Vice Chairman of the Board. This appointment will take effect from October 13, 2025. Subsequently, Mr. Yan Tao will assist Chairman Mr. Wu Xiangdong in related work and be responsible for the business operations and development of Xiangijiao. Additionally, Mr. Tang Xiangyang has been appointed as Chief Executive Officer, effective from October 13, 2025. Mr. Tang Xiangyang will be responsible for the overall management of the group and the business operations and development of subsidiaries Zhenjiu and Lidou.
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