Chanjet Information Technology Company Limited announced that Mr. Chen Shuning will resign from his position as an independent non-executive Director, the chairman of the nomination committee of the Board and a member of the remuneration and appraisal committee of the Board and the strategic committee of the Board in order to devote more time to handle other matters. Mr. Chen's resignation shall take effect upon approval of the shareholders of the Company (the "Shareholder(s)") of the appointment of a new independent non-executive Director at the forthcoming extraordinary general meeting of the Company (the "EGM"). Prior to that, Mr. Chen shall continue to perform his duties as an independent non-executive Director, the chairman of the nomination committee of the Board and a member of the remuneration and appraisal committee of the Board and the strategic committee of the Board.

Mr. Chen confirmed that he has no disagreement with the Board and the Company, and that there are no other matters relating to his resignation that needs to be brought to the attention of the Shareholders or the creditor(s) of the Company. Mr. Chen diligently performed his duties during his tenure of service as an independent non-executive Director. The Board would like to express its sincere gratitude to Mr. Chen for his valuable contributions to the Company during his tenure of service.