The board of directors of China Chengtong Development Group Limited announced that Mr. Gu Honglin has been appointed as an executive Director and a member of the executive committee of the Board, both of which will take effect from 23 December 2022. Mr. Gu, aged 44, obtained a bachelor's degree in management, majoring in accounting, from Beifang Jiaotong University in 2001 and a master's degree in management, majoring in accounting, from Renmin University of China in 2013. Mr. Gu is a non-practicing certified public accountant and a certified tax adviser in the PRC.

During the period from 2001 to 2012, Mr. Gu worked in various private companies in the PRC mainly responsible for financial management and accounting matters. He was an accountant of from July 2001 to April 2004, a market expenses supervisor of the finance department of from May 2004 to September 2005, a senior financial manager of from October 2005 to April 2012 and a manager of the financial analysis department of from May 2012 to December 2012. The shares of Shenzhen Aisidi are listed on the Shenzhen Stock Exchange with stock code 002416.

In January 2013, Mr. Gu joined, the ultimate holding company of the Company indirectly holding approximately 53.14% of the issued shares of the Company, as a senior manager of its financial management centre. He then served as the head of the equity management department of CCHG from August 2016 to December 2018. During the period from January 2019 to October 2022, Mr. Gu served as the deputy general manager of, a wholly-owned subsidiary of CCHG.

Mr. Gu has been a member of the executive committee and the chief accountant of China Chengtong Hong Kong Company Limited, which is currently the immediate holding company of the Company and a wholly-owned subsidiary of CCHG, since December 2021 and October 2022 respectively. Mr. Gu is a director and the financial manager of China Chengtong (Hong Kong) Asset Management Company Limited and China Chengtong Investment Company Limited. CCAM is a company licensed by the Securities and Futures Commission of Hong Kong to conduct Type 1, Type 4 and Type 9 regulated activities under the Securities and Futures Ordinance.

CCAM, CCI and CSI are all wholly-owned by CCHK. In addition, Mr. Gu is a supervisor of, the shares of which are listed on the Shanghai Stock Exchange with stock code 601198.