On September 23, Wanwei Hi-tech announced that the company had completed all the disposal of assets and businesses related to cement business, and that the original cement production, mining, supporting sales and other operational functions had been terminated, and the corresponding branches had no substantial business activities. Continued retention will add unnecessary administrative costs and tier attrition. This time, it is proposed to cancel the company's cement branch (cement branch), mining branch and sales department, covering the original cement production, mining, cement sales and other supporting branches.

On the same day, Wanwei Hi-tech announced that Yu Jixian, deputy chief engineer of the company, resigned as deputy chief engineer due to job changes, and the resignation report took effect from the date of delivery to the board of directors. After his resignation, Yu Jixian will continue to serve as a non-independent director of the company and complete the handover of work in accordance with relevant regulations. According to

the data, Yu Jixian, male, a member of the Communist Party of China, with a bachelor's degree and a senior engineer, served as deputy manager of Wanwei High-tech Cement Branch from July 2005 to March 2010, director of the company's burning component plant from March 2010, and deputy chief engineer of the company from March 2013. In January 2024, he was elected as a non-independent director of the ninth board of directors of the company (the term of office is from January 15, 2024 to January 15, 2027). In January 2024, the announcement disclosed that he also served as the head of the four sales departments of the company's marketing center and the head of the cement branch.
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