CHERISH SUN (01094) announced that Mr. Shi Jincheng has resigned from his positions as Executive Director and Chief Financial Officer, effective March 19, 2026. Ms. Deng Hua has resigned as an Independent Non-executive Director, Chairman of the Board Nomination Committee, Chairman of the Board Remuneration Committee, and member of the Board Audit Committee, effective March 19, 2026. Ms. Wang Xiaoqiong has been appointed as an Independent Non-executive Director and a member of the Nomination Committee, Remuneration Committee, and Audit Committee, effective the same date. Mr. Zhao Zhijiao, an Independent Non-executive Director and Co-chairman of the Board, has been appointed as Chairman of the Nomination Committee and the Remuneration Committee, effective March 19, 2026. Mr. Liu Wenjie has resigned as the Authorized Representative under Section 16 of the Companies Ordinance (Chapter 622 of Hong Kong Law), effective March 19, 2026. Following Mr. Liu's resignation, Mr. Shi has been appointed as the Company's Authorized Representative under the Companies Ordinance, effective March 19, 2026.