On September 8, 2023, TD Holdings, Inc. was informed by Tianshi (Stanley) Yang that he will resign from his position as the chief financial officer of the company, effective September 11, 2023. Mr. Yang?s resignation is not because of any disagreement with the Company relating to its operations, policies or practices, including accounting principles and practices. On September 11, 2023, the board appointed Mr. Wenhao Cui as the chief financial officer of the company to fill the vacancies created by the resignation of Mr. Yang, effective September 11, 2023.

Mr. Wenhao Cui served as the finance director of Tongdao E-commerce Group Limited (hereinafter referred to as Tongdao Group) from August 2018 until September 9, 2023. From March 2016 to July 2018, Mr. Cui served as Supervisor of the Finance Department Shenzhen Color Life Services Group Co., LTD. From March 2015 to February 2016, Mr. Cui worked as a financial assistant in Dongguan Yinji Group Co., LTD. Mr. Cui graduated from Jinan University in Guangdong, China.