Elong Power Holding Limited: Chief Financial Officer Change and Employment Agreement

Elong Power Holding Limited announced a change in its Chief Financial Officer position. Wei Zou resigned from the role effective June 11, 2026. The resignation was not due to any disagreements with the company's operations, policies, or procedures. Concurrently, Yue Liu was appointed as the new Chief Financial Officer, also effective June 11, 2026. Ms. Liu brings extensive experience in finance and corporate management, including a prior role as CFO at Qiqin Technology (Beijing) Co., Ltd. and finance leadership positions at other companies. Her employment agreement with Elong Power Holding Limited is for a one-year term, with automatic renewal options, and includes an annual salary of RMB420,000 (approximately US$60,000). The agreement also outlines provisions for termination, confidentiality, non-competition, and non-solicitation.