Development of Wanda Hotel: From September 1st, you cannot contact Ding Benxi

On the evening of December 18, Wanda Hotel Development (00169.HK) announced that on December 18, 2023, the board of directors decided to hold a special conference on the company's shareholders to review and exempt Ding Benxi in accordance with the company's revised and re -listed company rules.Non -executive directors and selected Liu Yingwu as the executive director.It is recommended that the non -executive directors have been unable to contact Ding Benxi since September 1, 2023.Therefore, since September 1, 2023, it has not fulfilled his position of non -executive directors.

The development of Wanda Hotel, according to Article 104 of the company's rules, no matter the company's rules or any agreement set by the company and the director (not damaging the director's establishment of any contract with the company, any contract is violated by the company that is violated and causedAny claim proposed by the damage), the company can be exempted from any directors before the expiration of the director's term, and can select another person to replace the position.

Wanda Hotel Development stated that after consideration of the above -mentioned factors, in order to ensure the daily operating efficiency of the board of directors, the board of directors decided to convene a special meeting of shareholders to review and approve the proposal for exemption.

Ding Benxi is a veteran of Dalian Wanda Group. He has followed Wang Jianlin for many years and has also been known as the "second leader" of Wanda Group.

Public information shows that Ding Benxi was born in 1955 and graduated from Renmin University of China. He used to be the general manager of the real estate investment company of Yifeng Group in Hong Kong, general manager of Dalian Fengyuan Real Estate Company, Assistant General Manager of Dalian Ocean Corporation, and limited business managementGeneral manager of the company.Since 2001, he has served as general manager of Wanda Business Management Development Co., Ltd., senior vice president of Wanda Group, and presidents of Dalian Wanda Group from 2009 to 2020.On January 3, 2020, Ding Benxi, who was 65 years old, retired from the president of Dalian Wanda Group and ended in the career of Dalian Wanda Group.On April 21, 2021, Wanda Hotel Development Co., Ltd. issued an announcement saying that Ding Benxi retired as the chairman of the company and chairman of the nomination committee.