HUA HONG GRACE (01347.HK): Executive Vice President Zhou Weiping Steps Down Due to Work Reasons

NewTimeSpace News: On 13 August 2026, Hua Hong Grace Semiconductor Limited (stock code: 01347.HK) issued an overseas regulatory announcement, stating that Mr. Zhou Weiping, a senior management member of the Company, has applied to resign from his relevant positions and duties due to work reasons, and will no longer hold any other position in the Company or its controlling subsidiaries after his departure, effective 13 August 2026.

According to the announcement, Mr. Zhou joined Shanghai Hua Hong Grace Semiconductor Manufacturing Co., Ltd. in early 2018, and prior to his departure served as executive vice president of the Company and its subsidiaries (Shanghai Hua Hong Grace Semiconductor Manufacturing Co., Ltd., Hua Hong Semiconductor (Wuxi) Limited and Hua Hong Semiconductor Manufacturing (Wuxi) Co., Ltd.) and other positions. Mr. Zhou has completed the handover of all his work, and his departure will not have a material adverse impact on the Company's production and operations, with no unfulfilled public commitments (including undertakings to increase shareholdings).

As of the date of the announcement, Mr. Zhou directly holds 10,955 A shares of the Company and has undertaken to continue to comply with the relevant provisions of the Listing Rules of the Shanghai Stock Exchange STAR Market and the Shanghai Stock Exchange Self-Regulatory Guidelines No. 15 for Listed Companies - Reduction of Shares by Shareholders, Directors and Senior Management. The Company and the board expressed their gratitude for Mr. Zhou's efforts and contributions to the Company's development during his tenure.

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