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On June 27, 2026, Chairman and CEO Chao Gao resigned from the Audit Committee for personal reasons

SCAGScage Future

On June 27, 2026, Chairman and CEO Chao Gao resigned from the Audit Committee for personal reasons. The Board appointed existing independent director Kevin Chen as Audit Committee chairman and Yixian Wang as a committee member. Additionally, director Yuanchi Guo resigned from the Board as an independent director on June 25, 2026, leaving a vacancy that has not yet been filled. Scage Future is a company based in China.

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