CHINA XLX FERT(01866): Chen Weixian reappointed as non-executive director.

CHINA XLX FERT (01866) announces that, after considering the opinion of the Hong Kong Stock Exchange on the independence of Mr. Chen, and in accordance with the requirements of the Listing Rules of the Hong Kong Stock Exchange regarding director independence, the Board has decided to reassign Mr. Chen Weixian (Mr. Chen) from an independent non-executive director to a non-executive director effective from July 22, 2026. Mr. Chen has been serving as an independent non-executive director, a member of the Board's Audit Committee and Nomination Committee, and the Chairman of the Board's Remuneration Committee since June 23, 2026. Upon the reassignment, he will serve as a non-executive director of the Company. Starting from July 22, 2026, Mr. Chen will no longer serve as the Chairman of the Remuneration Committee and a member of the Nomination Committee, but will continue to serve as a member of the Audit Committee and the Remuneration Committee. Mr. Li Hongxing, the current independent non-executive director, has been appointed as the Chairman of the Remuneration Committee, effective from July 22, 2026. Following the above changes, the composition of the Remuneration Committee will comply with the relevant requirements of the Listing Rules.