Huarong Chemical announced that Tang Chong, one of the company's core technicians, recently completed retirement and separation procedures because he has reached the legal retirement age, and will no longer hold any positions in the company or subsidiaries after leaving his job. Tang Chong indirectly holds 1,425,600 shares of the company, accounting for 0.2970% of the total share capital. The intellectual property rights he participated in R&D during his tenure were owned by the company. The work has been handed over, there are no disputes or potential disputes related to job results or intellectual property rights, and his departure will not have a significant adverse impact on the company's core competitiveness and technology research and development capabilities.

Huarong Chemical announced that Tang Chong, one of the company's core technicians, recently completed retirement and separation procedures because he has reached the legal retirement age, and will no longer hold any positions in the company or subsidiaries after leaving his job. Tang Chong indirectly holds 1,425,600 shares of the company, accounting for 0.2970% of the total share capital. The intellectual property rights he participated in R&D during his tenure were owned by the company. The work has been handed over, there are no disputes or potential disputes related to job results or intellectual property rights, and his departure will not have a significant adverse impact on the company's core competitiveness and technology research and development capabilities.