On February 24, Xinbo announced that the board of directors of the company received a written resignation report from Mr. Li Zhengpei, a non-independent director and deputy general manager of the company, on February 13, 2026.
The announcement shows that Mr. Li Zhengpei applied to resign as a non-independent director and deputy general manager of the third board of directors of the company due to job adjustment. After resigning from the above positions, Mr. Li Zhengpei still holds other positions in the Company.

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