LVJI TECH (01745.HK): Liu Hui Resigns as Executive Director and Nomination Committee Member, Bu Jiale Appointed as Successor

NewTimeSpace News: Lvji Technology Holdings Inc. (stock code: 01745) announced on August 7 that Mr. Liu Hui has resigned as executive director and a member of the Board's nomination committee due to other work arrangements, with effect from August 7, 2026. Mr. Liu has confirmed that he has no disagreement with the Board and that there are no matters in respect of his resignation that need to be brought to the attention of the Stock Exchange of Hong Kong Limited and the Company's shareholders. The Board took this opportunity to express its sincere gratitude to Mr. Liu for his valuable contributions during his tenure.

On the same day, the Board announced that Mr. Bu Jiale has been appointed as executive director and a member of the nomination committee, with effect from August 7, 2026. Mr. Bu, aged 30, joined the Company in 2021 and has successively served as recruitment manager, deputy director of recruitment and director of recruitment. Since 2026, he has been transferred to serve as director of the strategic development department, leading the Group's incubation, layout and implementation work in the robotics, artificial intelligence and health industry segments. Mr. Bu obtained a bachelor's degree in engineering in communication engineering from Guangxi University Xingjian College of Science and Liberal Arts in 2019.

According to the announcement, Mr. Bu has entered into a service contract with the Company for an initial term of three years commencing August 7, 2026, and is entitled to an annual remuneration of HKD 80,000, and will continue to receive his salary as director of the strategic development department. For the year ended December 31, 2025, the total remuneration received by Mr. Bu from the Group was RMB 190,000. His term of office will last until the first annual general meeting of the Company following his appointment, at which he will be eligible for re-election. Following the resignation of Mr. Liu and the appointment of Mr. Bu, the composition of the nomination committee has changed accordingly, with Mr. Liu ceasing to be a member of the nomination committee.

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