The board of directors of Besunyen Holdings Company Limited announced that Mr. AU Lap Ming (Mr. Au) has tendered his resignation as the company secretary of the company (the company secretary), the authorized representative of the company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities (the Listing Rules) on The Stock Exchange of Hong Kong Limited (the authorized representative) and the person authorized to accept service of process and notices on behalf of the Company in Hong Kong under Rule 19.05(2) of the Listing Rules (the Process Agent) with effect from 23 November 2023. Mr. Au has confirmed to the Board that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The board also announced that Mr. YU Hongjiang (Mr. Yu) has been appointed as the company secretary, the Authorized Representative and the Process Agent with effect from 23 November 2023.

Mr. Yu, aged 58, is an executive Director of the Company and the Executive Vice President, Chief Operating Officer and Chief Financial Officer of the Group. Mr. Yu joined the Group in July 2000 and has more than 32 years of experience in the field of finance. Between 1987 and 1989, Mr. Yu served as a manager of the finance department at Tianjin Binhai Company Limited (now known as Tianjing Zhongxin Pharm.

Binhai Corp. Ltd.). Between 1997 and 2000, Mr. Yu worked at Beijing Green World Nutrition Health Products Co.

Ltd. as the chief financial officer. Mr. Yu graduated from Shanxi University of Finance and Economics in 1987 and obtained a bachelor's degree in economics with a major focus in accounting. He completed the Advanced Workshop on Private Equity Funds organized by the School of Continuing Education of Tsinghua University in July 2009 and obtained an Executive MBA degree from the National School of Development at Peking University in 2013.

Mr. Yu obtained the qualification as an Accountant in Accounting (Corporate) conferred by Ministry of Finance of the People's Republic of China in November 1993, obtained the certificate as an International Registered Internal Control Specialist in December 2010 and passed the AMAC (Asset Management Association of China) Fund Practitioner Qualification Examination organized by Asset Management Association of China in October 2017.