Xinhuo Technology: Weng Xiaoqi appointed as Executive Director and CEO

Newfire Technologies Holdings Limited (stock code: 1611.HK) recently announced a series of significant personnel changes to its Board of Directors and core management positions, effective August 26, 2025. Mr. Du Jun, former Chief Executive Officer and Authorized Representative, has resigned from his positions effective immediately and will be redesignated from Executive Director to Non-Executive Director, continuing to participate in the company's strategic planning in various capacities.

Concurrently, Mr. Weng Xiaoqi has been appointed by the Board of Directors as Executive Director and will assume the responsibilities of Chief Executive Officer and Authorized Representative, with overall responsibility for the Group's daily operations and strategic execution.

These senior-level personnel changes mark a further optimization of Newfire Technology's management structure and strategic deployment for the company's new phase of business development.

Mr. Weng Xiaoqi possesses extensive industry experience and an exceptional management background, and his appointment is expected to bring new momentum and management insights to the company. Mr. Du Jun, after transitioning to Non-Executive Director, will continue to provide support in corporate governance and strategic decision-making.

These adjustments aim to further strengthen the company's governance structure, optimize the division of responsibilities, and better respond to market changes and future challenges.