Baiao Chemical announced on December 26 that the company's board of directors recently received the resignation report from financial director Wang Xiliang. Wang Xiliang applied to resign as financial director due to personal reasons. After his resignation, he no longer held any position in the company or subsidiaries. The resignation report took effect from the date it was delivered to the board of directors. The company held the 20th meeting of the 5th board of directors on December 26, 2025 to review and pass the “Proposal on the Appointment of Financial Director”, and appointed Gao Pengcheng as the company's financial director. The term of office begins on the date of review and approval by the board of directors and ends on the date the term of the fifth board of directors expires.

Baiao Chemical announced on December 26 that the company's board of directors recently received the resignation report from financial director Wang Xiliang. Wang Xiliang applied to resign as financial director due to personal reasons. After his resignation, he no longer held any position in the company or subsidiaries. The resignation report took effect from the date it was delivered to the board of directors. The company held the 20th meeting of the 5th board of directors on December 26, 2025 to review and pass the “Proposal on the Appointment of Financial Director”, and appointed Gao Pengcheng as the company's financial director. The term of office begins on the date of review and approval by the board of directors and ends on the date the term of the fifth board of directors expires.