Zhongzheng International Company Limited announced that as the resolution for the re-election of Mr. Qiu Qing as a Director of the Company was not passed as an ordinary resolution at the AGM, accordingly, the Board announced that Mr. Qiu has retired as an executive Director and has ceased to be a member of the nomination committee and the remuneration committee of the Company with effect from the conclusion of the AGM on 20 July 2023.