The board of directors of Liaoning Port Co., Ltd. announced that Mr. Wang Zhu (Mr. Wang) has tendered his resignation as a non-executive Director with effect from 10 October 2025 due to adjustment of work arrangement. At the same time, Mr. Wang ceased to be a member of the strategic and sustainable development committee, a member of the audit committee and a member of the financial management committee under the Board. According to Rule 3.21 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules"), the audit committee of the Company shall comprise a minimum of three members. Following the resignation of Mr. Wang, the number of members of the audit committee of the Company would
decrease from three to two, below the minimum number as required under Rule 3.21 of the Listing Rules. The Company is endeavoring to identify a suitable candidate to act as an additional member of the audit committee of the Company to meet the requirement set out in Rule 3.21 of the Listing Rules as soon as practicable, and in any event within three months as required under Rule 3.23 of the Listing Rules. As at the date of this announcement, the Board comprises: Executive Directors: LI Guofeng and WEI Minghui; Non-executive Directors: HUANG Zhenzhou and YANG Bing and Independent non-executive Directors: LIU Chunyan, CHENG Chaoying and CHAN Wai Hei.