Vinda International Holdings Limited announced that Mr. Li Chao Wang (Mr. Li) has resigned as the chairman of the board (the Chairman) and ceased to serve as the chairman and a member of the nomination committee of the company with effect from 11 March 2024. Mr. Li will remain as an executive director of the company. Mr. Li founded the Group in 1985 and has been the Chairman since April 2000.

With his extraordinary vision and leadership, Mr. Li guided the Group to the current position as a leading hygiene company in Asia.