Du Fu Liquor Group (00986): Li Jingfu was appointed as CEO of the company's subsidiary

According to Zhitong Finance App News, Du Fu Liquor Group (00986) announced that since July 10, 2026, Mr. Li Jingfu (Mr. Li) has been appointed as the CEO of a subsidiary of the Company to study the feasibility of developing AI digital human and its Internet marketing-related business, integration with the Group's existing business, and business development direction, and provide specific plans for related business development and implementation.

Mr. Li is currently the CEO and co-founder of Ningbo Yunman Innovative Digital Technology Company. Yunman Innovation Digital Technology Co., Ltd. specializes in the AI artificial intelligence and big health industry. Adhering to mutual support and common development in the industrial ecological chain, he has more than 20,000 square meters of own properties in Ningbo. Currently, there are more than 40 direct-run stores and other regional operation centers across the country to jointly develop the AI digital business system. Mr. Li Jingfu has been deeply involved in marketing for many years and has some experience in vertical investment in the industrial chain and internet marketing.

Therefore, the company believes that Mr. Li will use his deep accumulation of resources related to AI artificial intelligence transformation in related physical industries and operating experience in marketing to fully lead the construction and operation of the company's new division and corporate value innovation, promote the company to become a professional service provider in the field of Internet AI intelligence, help the company to deepen its understanding of this and assist the Group in the future expansion (if any) in this sector.