The board of directors of Angelalign Technology Inc. announced that Ms. DONG Li (Ms. Dong), an independent non-executive Director, has been re-designated to be an executive Director and appointed as the chief financial officer of the Company with effect from April 3, 2023 (Appointment Date). Ms. Dong will lead the finance organization of the Group and will be responsible for all aspects of the Group's financial operations including accounting, financial planning, reporting and analysis, business decision support, tax, internal control, treasury and investor relations. Prior to this re-designation and appointment, Ms. Dong was appointed as an independent non-executive Director and the chairwoman of the audit committee of the Company, a member of each of the nomination committee of the Company and the remuneration committee of the Company on May 20, 2021.

Upon this re-designation and appointment, she will cease to be an independent non-executive Director, the chairwoman of the Audit Committee, and a member of each of the Nomination Committee and the Remuneration Committee. Ms. Dong, aged 52, has been re-designated as an executive Director and appointed as the chief financial officer with effect from the Appointment Date. Before then, she was an independent non-executive Director since May 20, 2021.

Ms. Dong was also an independent non-executive director of Yixin Group Limited since November 2017. From April 2020 to September 2020, she served as an independent non-executive director of 58.com Inc.Prior to that, she was the chief financial officer and an executive director of RDA Microelectronics Inc. from November 2007 to July 2015 and from January 2014 to July 2015, respectively. Ms. Dong worked for Hewlett Packard in China since 1992, and was the Finance Operations Manager of Hewlett Packard Technology (Shanghai) Co.

Ltd. when she left in 2005. Ms. Dong graduated from Nanjing University of Science and Technology with a bachelor's degree in economics in July 1992. She further obtained a master degree of business administration from China Europe International Business School in April 2004.

She is an accountant recognized by the Ministry of Finance of the People's Republic of China in October 1994.