CCID Consulting Company Limited announced that at its Extraordinary General Meeting held on 22 March 2024, approved the resolution of resignation of Ms. Ma Yaqing as an executive Director of the Company, approved the resolution of resignation of Ms. Li Xuemei as an independent non-executive Director of the Company. The Board announce that Ms. Shen Wen has been appointed as an executive Director of the Company and Mr. Zhang Tao has been appointed as an independent non-executive Director of the Company with effect from 22 March 2024. Shen Wen aged 56, has served as the chairman of the supervisory committee of CCID Academy for Industry and Information Technology Limited since February 2023.

From February 2023 to February 2024, Ms. Shen served as the chief consultant of CCID Academy for Industry and Information Technology Limited. From May 2017 to February 2023, Ms. Shen served as the head of the project and intellectual management department, head of the conditions guarantee department, and head of the party community department of China Centre of Information Industry Development* (). Ms. Shen also served as the administrative director of the software and integrated circuit promotion centre, a deputy officer of the comprehensive management department (in charge of work), the head of the comprehensive management department, a deputy head of the comprehensive department, the head of the confidentiality department, a deputy head of the science and technology department, the head of the human resources department, and the head of the project management department of the Ministry of Industry and Information Technology from March 2005 to May 2017.

Ms. Shen graduated from the Central Party School of the Communist Party of China in December 2009. Zhang Tao, aged 43, worked in the China University of Petroleum (East China) School of Economics and Management since July 2005, and served as associate professor and doctoral advisor since 2010. Mr. Zhang served as a committee of the Circular Economic Branch, Chinese Society for Environmental Sciences since May 2023, served on the first session youth editorial board of Journal Natural Gas Industry since October 2019 and was reappointed in January 2023.

Mr. Zhang has been engaged in teaching and scientific research for a long time, presided over and participated in more than 40 scientific research projects commissioned by the Ministry of Education (),Ministry of Science and Technology (), Department of Science and Technology of Shandong Province (), and many enterprises such as PetroChina (), Sinopec (). Mr. Zhang was a visiting scholar at The State University of New York at Stony Brook from August 2017 to August 2018. Mr. Zhang graduated from the China University of Petroleum (East China) in July 2002, and obtained a bachelor's degree in management; graduated from the China University of Petroleum (East China) in June 2005 and obtained a master's degree in management; graduated from the Shanghai Jiao Tong University in December 2014 and obtained a doctorate degree in management.

Ms. Li Xuemei has resigned as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company, and Ms. Ma Yaqing has resigned as the chairman, one of the authorised representatives (under Rule 3.05 of the Listing Rules), the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from 22 March 2024. Ms. Shen has been appointed as the new chairman, one of the authorised representatives (under Rule 3.05 of the Listing Rules), the chairman of the Nomination Committee and a member of the Remuneration Committee of the Company with effect from 22 March 2024. Mr. Zhang has been appointed as the chairman of the Audit Committee, a member of the Remuneration Committee and a member of the Nomination Committee of the Company with effect from 22 March 2024.