On September 8, 2023, TD Holdings, Inc. was informed by Tianshi (Stanley) Yang that he will resign from his position as a director of the board of directors (the board) 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 a member of the board 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. On September 11, 2023, the Board appointed Ms. Ge Ouyang as the Chief Operating Officer (COO), effective September 11, 2023.

Ms. Ouyang Ge, once served as the Chairwoman of Tongdao Group. In 2011, Ms. Ouyang co-founded Tongdao Group and was responsible for its operational management until September 9, 2023. Prior to co-founding Tongdao Group, Ms. Ouyang served as the Director of Securities Information Department at Hexun Information Technology Co.

Ltd. and as the General Manager at Beijing Zhonghuidaoming International Capital Co. Ltd. Ms. Ouyang graduated from Hunan Normal University in Hunan, China.