Nanfang Stock (600250): Resignation Of Directors And Supervisors

The board of directors of the company received the written resignation report of Mr. Su Qiang, and Mr. Su Qiang applied for resignation from the company director and special committee member of the board because of the reasons for his work adjustment. After his resignation, Mr. Su Qiang no longer holds any office in the company.

According to the relevant provisions of the company law and the articles of association, Mr. Su Qiang's resignation came into effect on the day of his resignation report to the board of directors.

The board of directors would like to express our heartfelt thanks to Mr. Su Qiang for his contribution to the company's development during his tenure. The company will elect the new director in accordance with the statutory procedures as soon as possible, and fulfill the obligation of information disclosure in a timely manner.

The board of supervisors of the company received a written resignation report by Mr. Xu Junhu, a supervisor, and Mr. Xu Junhu applied for resignation as a supervisor of the company because of the adjustment of his work. After his resignation, Mr. Xu Junhu no longer holds any office in the company.

The resignation of Mr. Xu Junhu will result in a lower number of members of the board of supervisors than the statutory minimum. According to the relevant provisions of the company law and the articles of association, the resignation of Mr. Xu Junhu will come into force after the election of a new supervisor from the company's shareholders' meeting. Before the shareholders' meeting elects a new supervisor, Mr. Xu Junhu will continue to perform his duties as supervisor.

The company board of supervisors wishes to express its heartfelt thanks to Mr. Xu Junhu for his contribution to the company's development during his tenure. The company will elect the new supervisor in accordance with the statutory procedures as soon as possible, and fulfill the obligation of information disclosure in a timely manner.