Hengxin Technology Ltd. announced that Mr. Xu Guoqiang has resigned as an executive Director and a member of the remuneration committee of the Company with effect from 19 November 2021 due to job changes. The Board also announced that Dr. Song Haiyan was appointed as an executive Director with effect from 19 November 2021 upon the recommendation of the nomination committee of the Company. Dr. Song will be responsible for the overall management, operations supervision and strategic business development of Jiangsu Hengxin Technology Co., Ltd, a wholly-owned subsidiary of the Company. Dr. Song was appointed as the general manager and director of Jiangsu Hengxin on 9 November 2021. Dr. Song graduated from the Department of Telecommunications From August 1997 to December 2009, Dr. Song was employed by Alcatel China Co. Ltd. and successively held positions in the channel development department and the optical fiber and cable department. Dr. Song served as an executive director of the Company from January 2010 to December 2011. Dr. Song later served as the general manager of Furukawa Electric Xi'an Optical Communication Co. Ltd. from December 2011 to July 2016. Thereafter, from August 2016 Immediately following the appointment of Dr. Song as an executive Director, the Board announces that Dr. Song was appointed as a member of the remuneration committee of the Company with effect from 19 November 2021.