ST Shida CFO Huo Lei Resigns, Zeng Qingyong Nominated as Successor

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ST Shida announced that due to work adjustments, Huo Lei has resigned as Chief Financial Officer and will not hold any position in the company or its subsidiaries after departure. To focus on the CFO role, Zeng Qingyong has resigned as a director. Following review by the board's audit committee, the nomination of Zeng Qingyong as CFO has been approved and will be submitted to the board for deliberation. In the first quarter of 2026, ST Shida achieved revenue of 75.8 million yuan and a net loss attributable to the parent company of 11.95 million yuan.

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CFO resignation and nomination of successor; company reported net loss in Q1 2026.