The board of directors of ANE (Cayman) Inc. announced with effect from March 30, 2023, Ms. Li Dan resigned as the non-executive Director, and ceased to a member of the strategy committee of the Company to devote more time on her personal business ventures. The board further announced Mr. Wei Bin has been appointed as a non-executive Director with effect from March 31, 2023. Mr. Wei, aged 53, joined the Company in March 2023.

Mr. Wei has worked in CDH Investments since April 2019, including CDH Investments Management (Hong Kong) Limited where he is currently serving as a senior partner. Mr. Wei obtained his Bachelor's degree in auditing from Zhongnan University of Economics in 1992 in China and his Master's degree in finance from Jinan University in 2001 in China. Mr. Wei has become a non-practicing member of the Chinese Institute of Certified Public Accountants since 1993, a Senior Auditor granted by the National Audit Office of the People's Republic of China since 2003 and a Senior Accountant granted by the Beijing Municipal Bureau of Personnel since 2003.

Mr. Wei is currently serving as an independent non-executive director of Honghua Group Limited; an executive director of OCI International Holdings Limited; an independent non-executive director of Sinohealth Holdings Limited; and an independent director of Huize Holding Limited.