Bright Future Technology Holdings Limited announces that Mr. CHEN Shuo ("Mr. Chen") has resigned as an independent non-executive Director with effect from 8 October 2021 in order to pursue other business and personal commitments. Following Mr. Chen's resignation, he also ceased to be the chairman of the remuneration committee (the "Remuneration Committee") and a member of the audit committee (the "Audit Committee") and the nomination committee (the "Nomination Committee") of the Company. The Board announced that Mr. ZHANG Fanchen ("Mr. Zhang") has been appointed as an independent non-executive Director, the chairman of the Remuneration Committee, and as members of both the Audit Committee and the Nomination Committee with effect from 8 October 2021. Mr. Zhang, aged 35, has more than 10 years of experience in corporate finance, listing, restructuring, and mergers and acquisitions practice.