Group 1 - The company New World Department Store China (00825) announced a series of executive changes effective from January 9, 2026 [1] - Mr. Zhang Hui Re has resigned as Chairman and Executive Director, and will no longer serve as an authorized representative or member of the Executive Committee, Nomination Committee, and Remuneration Committee [1] - Dr. Zheng Jia Chun has been appointed as the new Chairman and Executive Director, as well as a member of the Executive Committee [1] - Ms. Huang Shao Mei has been appointed as Vice Chairman and Executive Director, and will serve as the Chair of the Executive Committee [1] - Executive Director Ms. Xie Hui Fang will no longer serve as Chair of the Executive Committee but will remain a member [1] - Executive Directors Ms. Zhao Hui Xian and Mr. Chen Yao Hao have been appointed as members of the Nomination Committee [1] - Executive Directors Mr. Liu Fu Qiang and Mr. Chen Yao Hao have been appointed as members of the Remuneration Committee, with Mr. Liu Fu Qiang also appointed as an authorized representative [1]