The Board of Beijing Beida Jade Bird Universal Sci-Tech Company Limited announced that with effect from the conclusion of the AGM held on 21 May 2021, (i) Mr. Zhang Wanzhong retired as an executive Director and the president of the company and ceased to be the authorized representative of the company and a member of each of the remuneration committee and the nomination committee of the company; (ii) each of Ms. Xue Li and Mr. Ip Wing Wai retired as a non-executive Director; and (iii) Mr. Li Juncai retired as an independent non-executive Director and ceased to be the chairman of the remuneration committee of the company and a member of each of the audit committee and the nomination committee of the company, as Mr. Zhang Wanzhong, Ms. Xue Li, Mr. Ip Wing Wai and Mr. Li Juncai have not offered themselves for re-election at the AGM upon expiry of their respective terms of office. The Board also announced that, following the passing of the resolutions at the AGM held on 21 May 2021, with effect from 21 May 2021, each of Mr. Wang Xingye and Ms. Guan Xueming has been appointed as an executive Director. The Board also announced that, with effect from 21 May 2021, Ms. Dong Xiaoqing retired as an employee representative Supervisor and Ms. Cao Zhenzhen has been appointed as an employee representative Supervisor. The Board also announced that, following the above-mentioned changes to the members of the Board, with effect from 21 May 2021, (i) Ms. Zheng Zhong, an executive Director, ceased to be the compliance officer of the company and has been appointed as the president of the company; (ii) Mr. Wang Xingye has been appointed as the vice president, the authorised representative and the compliance officer of the company; (iii) Ms. Guan Xueming has been appointed as the vice president of the company; and (vi) the new composition of the members of the Board committees as set out in this announcement has become effective.