To optimize the structure of the management team and stimulate the vitality of managers, the company has decided to implement the appointment system for all managers starting from 2025. Appointment ceremonies were held in Shenzhen Nanhuaxi and Dongguan Nanhuaxi on March 10th and 19th respectively. Vice President of Nanhuaxi Group, General Manager of Shenzhen Nanhuaxi Company Ke Kaizhao, and General Manager of Guangdong Nanhuaxi Company Xiang Huaping, respectively on behalf of the company, signed and awarded the employment certificates to the managers. Each term of appointment for managers is three years. After the term expires, the decision to renew the contract, dismiss or adjust the position will be made based on the assessment results.