The board of directors of Flat Glass Group Co., Ltd. announced that the Board has received a resignation letter from Mr. Ruan Hongliang, the president of the Company, who resigned as the President due to work adjustment with effect from 6 June 2023. However, Mr. Ruan will continue to serve as an executive director of the Company and the chairman of the Board and hold relevant positions of the committees under the Board. Mr. Ruan has confirmed that he has no disagreement with the Board, and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited.

The Board further announced that following the resignation of Mr. Ruan as the President, the Board decided to appoint Ms. Ruan Zeyun as the President. Ms. Ruan Zeyun, formerly known as Ms. Ruan Xiao, was born in 1987. Ms. Ruan graduated from Sheffield University in England with a master degree in management.

She is one of the de facto controller of the Company. Ms. Ruan joined the Company in October 2009, has successively served as an assistant to general manager and executive deputy general manager of Shanghai Flat Glass Co., Ltd. director of Anhui Flat Solar Glass Co., Ltd. and the secretary of the Board. Currently, she is the deputy president, general manager of public services department and the company secretary of the Company.

Ms. Ruan is the spouse of Mr. Zhao Xiaofei, and the daughter of Mr. Ruan and Ms. Jiang Jinhua.