Chinatungsten High-tech Co., Ltd.: Elects Shen Huiming as chairman, Li Zhongze resigns

Announcement from Zhongwu High-Tech: The company's board of directors recently received Mr. Li Zhongze's written resignation report. He resigned from the positions of chairman, director, and special committee member of the board of directors due to job transfer, and will no longer hold any position in the company after resignation. On June 5, 2026, the company held the eleventh meeting of the eleventh board of directors and agreed to elect Mr. Shen Huiming as the chairman of the company. His term will start from the date of approval by the board of directors until the end of the term of the eleventh board of directors. Mr. Shen Huiming will also become the company's legal representative.