Western Construction issued an announcement on the resignation of the chairman and the election of the new chairman. Wu Zhiqi, the chairman of the board of directors, submitted his resignation due to his age and resigned as the chairman, director and related positions of the eighth board of directors of the company. The resignation shall take effect from the date when his resignation is delivered to the board of directors. Wu Zhiqi has made important contributions to the company's high-quality development and various affairs during his tenure of office, for which the board of directors expresses its gratitude. As of the disclosure date of the announcement, Wu Zhiqi did not hold any shares of the company.
The Company held a board meeting on November 15, 2024 and elected Zhang Wei as the chairman of the eighth session of the board of directors and the chairman of the strategy and investment committee of the Company, with the term of office commencing from the date of approval by the board of directors to the expiry of the eighth session of the board of directors. The company will handle the registration of changes and other matters in accordance with relevant regulations. In the first three quarters of 2024, the western construction realized a revenue of 15.017 billion yuan and a net profit of 9.69 million yuan.
