Core Points - Nature Wood Group Limited announced changes in its board of directors and officers effective November 3, 2025 [1] - The resignations of key personnel were not due to any disagreements with the company [2] - New appointments include Ms. Liying WANG as Director and Chief Executive Officer, Ms. Hong WANG as Director and Chief Financial Officer, and Mr. Zhilin CAI as Chief Strategy Officer [6] Management Changes - Mr. Hok Pan SE resigned as Director and Chairman of the Board [2] - Mr. Zhihua LIANG resigned as Director and Senior Consultant [2] - Mr. Kam Pang CHIM resigned as Chief Financial Officer [2] - Mr. Hubei SONG resigned as Chief Executive Officer [2] - The new leadership team brings diverse experience in corporate management, finance, and strategic planning [4][3][4] New Leadership Background - Ms. Liying WANG has around six years of experience in corporate management and media operations, previously serving as general manager of Yingbing (Shanghai) Business Management Co., Ltd. [2] - Ms. Hong WANG has approximately seventeen years of experience in corporate finance, previously serving as CFO of Nanjing Dayu Hotpot [3] - Mr. Zhilin CAI has around thirteen years of experience in enterprise management, previously serving as chairman of Zhongzhihao Industrial Group [4] Company Overview - Nature Wood Group Limited is a leading vertically-integrated forestry company focusing on timber and wood products [5] - The company's operations include upstream forest management and downstream wood-processing and distribution [5] - Nature Wood is one of the largest exporters of wood products in Peru, with a broad sales network across multiple regions [5]

Core Points - Nature Wood Group Limited announced a change in its controlling shareholder following a private transaction [1] - The transaction involved the transfer of 114,974,179 ordinary shares, representing approximately 86.82% of the company's issued and outstanding shares [2] - TUTU Business Services Limited became the new controlling shareholder after the completion of the share transfer [3] Company Overview - Nature Wood Group Limited is a leading vertically-integrated forestry company based in Macau, focusing on the timber and wood products industry [4] - The company's operations encompass both upstream forest management and downstream wood-processing and distribution [4] - Nature Wood offers a wide range of products, including logs, decking, flooring, and sawn timber, primarily through its sales network across Europe, South Asia, South America, North America, and China [4] - The company is recognized as one of the largest exporters of wood products in Peru [4]