The board of directors of Brightstar Technology Group Co., Ltd. announce that with effect from 16 January 2024, Mr. Cui Hai Bin has been redesignated from an independent non-executive Director to an executive Director and chairman of the Board. Mr. Cui, aged 40, was appointed as an independent non-executive Director of the Company in May 2022 and has been redesignated as an executive Director of the Company with effect from 16 January 2024. Mr. Cui graduated from China University of Geosciences in 2007 with a major in laws.

Mr. Cui is a lawyer in the PRC and currently a partner of Guangdong Promise-U (Qianhai) Law Firm (). Mr. Cui was admitted as a lawyer in the PRC in 2009. His practice covers complex corporate reorganisations and equity capital markets transactions.

The Board hereby announced that Mr. Ma Lie (``Mr. Ma'') has resigned as an executive Director and chairman of the Board for personal reasons due to his intention to devote more time to his other personal commitments. Following his resignation, Mr. Ma would cease to be the chairman of the Nomination Committee will take effect from 16 January 2024. with effect from 16 January 2024, Mr. Ma has (i) resigned as an executive Director and the chairman of the Board (the ``Chairman''); and (ii) ceased to be the chairman of the Nomination Committee.

As a result of Mr. Ma's resignation, Mr. Cui, an executive Director, has been appointed as chairman of the Board in place of Mr. Ma with effect from 16 January 2024. Following the redesignation of Mr. Cui from an independent non-executive Director to an executive Director and Mr. Ma's resignations as disclosed above, the composition of the Board committees will be changed as follows: (i) Mr. Cui will cease to be a member of the Audit Committee; (ii) Mr. Cui has been redesignated as a member of the Remuneration Committee and appointed as the chairman of the Nomination Committee; and (iii) Ms. Jiang Yu E, an independent non-executive Director, has been appointed as chairlady of the Remuneration Committee, with effect from 16 January 2024. The Audit Committee: Mr. Ji Gui Bao, (Chairman) Ms. Jiang Yu E, Mr. Jiang Peiyan, and Mr. Li Xiao Hua, The Remuneration Committee: Ms. Jiang Yu E (Chairlady) Mr. Ji Gui Bao, Mr. Cui Hai Bin, Mr. Jiang Peiyan and Mr. Li Xiao Hua.

The Nomination Committee: Mr. Cui Hai Bin (Chairman) Ms. Jiang Yu E, Mr. Ji Gui Bao, Mr. Jiang Peiyan, Ms. Zhang Yan Ling and Mr. Li Xiao Hua.