CIMC Vehicles (Group) Co. Ltd.

CIMC Vehicles Group Company Limited announced on September 4, 2026 that it has appointed Mr. Ding Zhengxiang as the company's president, with a term starting from the date of board approval until the end of the third board of directors' term. Mr. Ding Zhengxiang was born in 1967, joined China International Marine Containers Group Company Limited in 1991, and entered the CIMC Vehicles system in 2004. He previously served as assistant president of the company and CEO of the Star Chain LTP Group, and currently serves as senior vice president of the company. This appointment fills the vacancy left by Mr. Wang Zhujiang, who resigned due to personal health reasons. As of the announcement date, Mr. Ding Zhengxiang directly holds 30,466 shares of the company and indirectly holds approximately 0.0201 percent of the total share capital.

CIMC Vehicles announced that company president Wang Zhujiang has resigned from his position due to personal health reasons, and will no longer hold any other position at the company after his departure. The board of directors has accepted his resignation and will promptly begin the process of appointing a new president. Until the new president takes office, the CEO and CFO will carry out the duties on an acting basis. At the same time, the board approved the appointment of Shu Lei as vice president, with a term running until December 31, 2028.