Welcoming the tribute wine: General Manager Qin Hai resigns and appoints Yang Zhaobing as the General Manager.

Gjiongjiu Group announced that the company's general manager Qin Hai resigned from the position of general manager on March 10, 2026 due to job adjustment, but will continue to serve as a director. On the same day, the company held a board meeting and agreed to appoint Yang Zhaobing as the new general manager, with a term until the end of the fifth session of the board of directors. Yang Zhaobing has held multiple positions in the sales company and is currently the general manager of the company. He has no relevant relationships with any parties, does not hold any shares, and is not prohibited from holding the position.