TIP Group responded to the Shanghai Stock Exchange's inquiry letter: Relevant personnel's qualifications meet the regulations, and their positions do not harm the independence of the listed company

TIP Group released an announcement regarding its response to the inquiry letter from the Shanghai Stock Exchange: The company and relevant parties, as well as the company's board of directors' nomination committee, believe that the procedures for the re-election of the company's board of directors and the appointment of relevant senior management personnel are legal and compliant, with reasonable and prudent personnel arrangements that balance governance optimization and business stability. The qualifications of the relevant personnel meet the regulations, and their appointments do not harm the independence of the listed company, nor do they conflict with the commitments and disclosures made by relevant parties earlier. For the matters under investigation, the nomination committee has established a mechanism for continuous assessment and response to maintain stable corporate governance. The nomination committee agrees with the arrangements for the election of directors and the appointment of senior management personnel involved in this re-election and will urge the company's board of directors and management to operate in accordance with the law and regulations, effectively safeguarding the legitimate rights and interests of the listed company and all shareholders