[Pien Tze Huang: Chairman Lin Zhihui resigns due to work adjustment] On October 13th, Pien Tze Huang (600436.SH) announced that the company’s chairman and legal representative Lin Zhihui recently submitted a resignation report to the board of directors due to work adjustment and resigned as chairman. He also resigned as director and member of relevant special committees. After his resignation, he will no longer hold any position in the company and its subsidiaries. According to the provisions of the Articles of Association, if a director who serves as the legal representative resigns, he shall be deemed to have resigned as the legal representative at the same time. Lin Zhihui's resignation will not affect the company's normal production and operations. The company will complete the selection of the new chairman as soon as possible in accordance with legal procedures.