The board of directors of Alibaba Pictures Group Limited announced that with effect from October 18, 2021, Mr. Xu Hong ("Mr. Xu") has resigned as non-executive Director to focus on his other work commitments with Alibaba Group. Mr. Xu has confirmed that he has no disagreement with the Board and there are no matters in respect of his resignation that need to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board announced that with effect from October 18, 2021, Mr. Liu Zheng ("Mr. Liu") has been appointed as non-executive Director. The biographical details of Mr. Liu are as follows: Mr. Liu, aged 43, has been the chief financial officer of Cainiao Network since February 2016. Mr. Liu served as Senior Finance Director with Alibaba Group and was responsible for the financial operations of TMall, Taobao and Alibaba.com from June 2010 to February 2016. Prior to joining Alibaba Group, he held senior positions in corporate finance management in Vimicro, Sky Flying Media and Hurray Holding from January 2005 to May 2010 and worked at PricewaterhouseCoopers' audit division from July 2001 to December 2004. Mr. Liu has been a director of ZTO Express (Cayman) Inc. since March 2021. Mr. Liu received his bachelor's degree in Business English from Beijing Foreign Studies University in July 2001. Mr. Liu is a member of the American Institute of Certified Public Accountants (AICPA) and a Certified Internal Auditor (CIA). Mr. Liu has entered into a letter of appointment with the Company for a term of one year, which is renewable for a one-year period upon expiry of each term. Mr. Liu is subject to retirement by rotation and re-election at the general meetings of the Company in accordance with the bye-laws of the Company and the Listing Rules or any other applicable laws whereby he shall vacate his office. Mr. Liu will not receive any fees from the Company for his position as non-executive Director.