On 11 December 2025, Zoomlion Heavy Industry Science and Technology Co., Ltd. convened an extraordinary general meeting, at which amendments to its articles of association were approved. Accordingly, the Company has abolished its supervisory board and Ms. YAN Mengyu, Mr. XIONG Yanming and Mr. LIU Xiaoping ("Mr. Liu") (each an existing supervisor) have all confirmed that they have no disagreement with the board of directors of the Company (the "Board") and there are no matters that need to be brought to the attention of the shareholders of the Company (the "Shareholders"). On the same day, at an employee representatives' meeting, Mr. Liu was elected by the employees of the Company to act as the employee representative director.
Accordingly, Mr. Liu 's appointment as executive director of the Company is effective immediately as from 11 December 2025 until the expiry of the seventh session of the Board. The biographical details of Mr. Liu are set out below. Mr. LIU Xiaoping, aged 62, is an employee representative director and a senior engineer of the Company.
Since joining the Company in 1995, Mr. Liu has served as (i) the director of the Guangdong office of the Company; (ii) the general manager and manager of the engineering and development department of Zoomlion Heavy Industry Science and Technology Siwei Company (a subsidiary of the Company); (iii) the general manager, director of the brand management centre, deputy director of the marketing department, assistant to the chairman and director of the brand promotion department, assistant to the general manager of the heavy machinery division and director of the engineering machinery centre of, Zoomlion Heavy Industry Science and Technology Zhongchen Company* (a subsidiary of the Company); and (iv) a supervisor of the Company. He was also engaged by the PRC Ministry of Industry and Information Technology as the first batch of branding experts of industrial enterprises in May 2012. Mr. Liu graduated from the Hunan University in 1984, specialising in mechanical manufacturing.
In August 2006, he completed the professional program for CEO at Tsinghua University's major course of innovation administration (MIA). In March 2012, he completed the professional course for CEO in the program of Executive Master of Business Administration at Shanghai Jiao Tong University.
