Aquila Acquisition Corporation announced that Mr. Lei ZHONG has resigned from his role as an independent non- executive Director, the chairman of the remuneration committee and a member of the audit committee of the Company with effect from 5 February 2024 due to his intention to devote more time to his other business engagements. The Board announced the appointment of Ms. Wenjie WU as an independent non-executive Director with effect from 5 February 2024. Ms. Wu, aged 48, is currently an independent non-executive director of Kingsoft Corporation Limited and an independent director of Xunlei Limited.

Ms. Wu served as an independent director of BlueCity Holdings Ltd. from July 2020 to August 2022. Ms. Wu served as the chief investment officer of New Hope Group from November 2018 to February 2020. Ms. Wu served as managing partner of Baidu Capital from November 2016 to November 2018.

Ms. Wu successively served as deputy chief financial officer, chief financial officer and chief strategy officer of Ctrip.com from December 2011 to November 2016. Ms. Wu was an equity research analyst covering China Internet and Media industries in Morgan Stanley Asia Limited and in Citigroup Global Markets Asia Limited from 2005 to 2011. Prior to that, Ms. Wu worked for China Merchants Holdings (International) Company Limited (stock code: 144) for three years.

Ms. Wu has a Ph.D. degree in Finance from the University of Hong Kong, a master's degree in Finance from the Hong Kong University of Science and Technology, and both a master's degree and a bachelor's degree in Economics from Nan Kai University, China. Ms. Wu has been a Chartered Financial Analyst (CFA) since 2004.