Shenwan Hongyuan (H.K.) Limited announced that Mr. Chen Liqiang due to his personal career development, Mr. Chen was unable to devote the required time to handle the company's business, Therefore, Mr. Chen resigned as Independent Non-Executive Directors, Member of the Audit Committee, Member of the Remuneration Committee, Member of the Nomination Committee, Member of the Risk Committee, and Member of the Environmental, Social and Governance Committee of the Company on 5 March 2024.