Hong Yuan Holding appoints new CFO and independent director; prior CFO resigns

HONG YUAN HOLDING GROUP

Li Xudong resigned as CFO on Oct 9, 2025; Yanli Ma appointed same day as CFO.
Yanli Ma has over 25 years of financial management experience in petrochemical, catering, and tech industries.
Quanlin Dang appointed as Independent Director on Dec 1, 2025; 30 years in petroleum geology and project management.
No additional details on compensation arrangements were disclosed.

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