The board ("Board") of directors ("Directors") of Bairong Inc. announced that Ms. Cathryn Xie Jianing ("Ms. Xie") has tendered her resignation as an executive Director and the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with effect from April 15, 2024 due to her desire to devote more time to her family. Following the resignation of Ms. Xie, Mr. Zhang Shaofeng, an executive Director and the Chairman and Chief Executive Officer of the Company, has been appointed as an Authorised Representative with effect from April 15, 2024.