According to CoinMeta, in the *ST Oil Announcement*, the company's board of directors received a written resignation report from Sui Zhuoming on November 13, 2026. Sui Zhuoming resigned from his positions as chairman of the eighth board of directors, director, and chairman of the board's Strategic Development Committee due to personal reasons. After his resignation, he will no longer hold any positions within the company or its subsidiaries. His resignation took effect from the time the resignation report was delivered to the board of directors. Sui Zhuoming does not hold any company shares, and there are no unfulfilled share lock-up obligations or other commitments. This resignation will not result in the number of board members falling below the legal minimum, nor will it affect the company's normal production and operations. The company will complete the process of electing new directors and a new chairman as soon as possible.