Change - Announcement of Cessation::RESIGNATION OF EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Issuer & Securities

Issuer/ Manager
YANGZIJIANG FINANCIAL HOLDING LTD.
Securities
YANGZIJIANG FINANCIAL HOLDING LTD. - SGXE77102635 - YF8
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Oct-2025 22:15:47
Status
New
Announcement Sub Title
RESIGNATION OF EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Announcement Reference
SG251031OTHRQJKF
Submitted By (Co./ Ind. Name)
Liu Hua
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
RESIGNATION OF EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Additional Details

Name Of Person
Ren Yuanlin
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
31/10/2025
Detailed Reason (s) for cessation
Mr Ren Yuanlin will resign as Executive Chairman and Chief Executive Officer due to the change of board composition arising from the proposed spin-off of the maritime fund and maritime investments business of the Company.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
28/04/2024
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Role and responsibilities
Duties and responsibilities as stipulated in the Listing Manual of Singapore Exchange Securities Trading Limited and Terms of Reference of Board Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Ren Yuanlin is the father of Mr Ren Letian and the grandfather of Ms Ren Qifan, both of whom are substantial shareholders of the Company.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
852,845,825 deemed interest through his interest in Yangzi International Holdings Limited which is wholly-owned by Julius Baer Trust Company (Singapore) Limited as trustee of YZJ Settlement.
Other Directorships
Past (for the last 5 years)
Jingjiang Runyuan (Group Companies)
Jiangsu Yangzi Shengda Paper Technology Development Co., Ltd.
Jiangsu Xinfu Heavy Industry Machinery Co., Ltd.
Zhuhai Leading Power Financial Leasing Co., Ltd.
Jingjiang Xinyuan Investment Co., Ltd.
Jiangsu Yangzijiang Shipbuilding Co., Ltd.
Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.
Yangzijiang Shipbuilding (Holdings) Ltd.
Jiangsu Runhua Technology Investment Co., Ltd.
Gaohong International Limited
Present
Yunnan Douyue Mining Co., Ltd.
Jiangsu Zhongtai Structural Steel Co., Ltd.
Jiangyin Yangliuan Manor Co., Ltd.
Jiangyin Zhongji Mining Investment Co., Ltd
GEM Asset Management Pte. Ltd.
Newyard Worldwide Holdings Ltd
GEM Yield Pte. Ltd.
GEM Direct Investments Pte. Ltd.
Jiangsu Yangchuan Investment Development Co.,Ltd.
Yangzijiang Maritime Development Ltd.
Jiangsu New Yangchuan Maritime Development Co.,Ltd