Tapai Group Announces New Directors and Executives!

2025, Tapai Group held the second provisional shareholders'meeting in 2025, deliberated and adopted the Bill on the Election of Non-independent Directors of the Seventh Board of Directors and the Bill on the Election of Independent Directors of the Seventh Board of Directors, and elected a new board of directors. Subsequently, the first meeting of the seventh board of directors completed the election and appointment of the chairman, vice chairman and other senior managers, marking the successful completion of the change of the board of directors and management team of Tapai Group. The

new session of the Board consists of 9 directors, of which the non-independent directors are Mr. Zhong Zhaohui, Mr. Zhong Jianwei, Mr. Lai Hongfei, Mr. Xu Zhifeng and Mr. Zhang Yuxun; the independent directors are Mr. Li Boqiao, Mr. Diao Yingfeng and Ms. Zeng Yuxia; and the employee representative director is Mr. Li Bin. At the meeting, Mr. Zhong Zhaohui was elected as the chairman of the seventh session of the board of directors, and Mr. Zhong Jianwei was elected as the vice chairman of the board of directors ; Mr. Zhong Lihua was appointed as the honorary chairman of the company for life; To appoint Mr. Lai Hongfei as the general manager and secretary to the board of directors of the Company; to appoint Mr. Zhong Huasheng as the executive deputy general manager of the Company; to appoint Mr. Liu Yandong and Mr. Li Chonghui as the deputy general managers of the Company; and to appoint Mr. Liu Qing as the chief financial officer of the Company.

The company would like to express its heartfelt thanks and praise to the management team represented by Mr. He Kunhuang. During his 12 years of service as the fourth general manager, Mr. He Kunhuang was dedicated, diligent and pragmatic, leading the Company to actively respond to industry fluctuations and market challenges, maintaining strategic strength, enhancing operational resilience, promoting the steady improvement of the Company's efficiency, achieving a significant improvement in the Company's strength and equipment technology capabilities, and laying a solid foundation for the sustainable development of the Company. According to the relevant regulations and procedures, Mr. He Kunhuang was elected and approved by the superior Party Committee, and Mr. Xu Zhengxiong, the former executive deputy general manager, continued to serve as the deputy secretary of the Party Committee of the Group, which will continue to play a role in deepening the leadership of Party building and providing a strong political and organizational guarantee for the high-quality development of enterprises.

In order to thoroughly implement the spirit of General Secretary Xi Jinping's important instructions on new industrialization, actively adapt to the new development pattern, accelerate the industrial transformation and investment business expansion of enterprises, and promote the strategic transformation of Tapai to innovative and moderately diversified development, the seventh board of directors, after careful study, decided to appoint Mr. Lai Hongfei as the general manager of the company. On the basis of inheriting the excellent experience of successive managers represented by Mr. He Kunhuang, the new management will adhere to the management concept of "honesty, standardization, development and efficiency", carry forward the enterprise spirit of "unity, truth-seeking, dedication and innovation", and take "one core, two-wheel drive and three guarantees" as the overall working idea, that is, to establish a scientific and intelligent production and management system. Through strategic planning, organizational innovation and talent mechanism, we will adhere to the main business of building materials, develop new businesses, lead Tapai to further achieve high-quality development, and constantly build Tapai Group into an excellent listed company with shareholder trust, customer trust, employee recognition and social recognition.