China Binary New Fintech Group announced that Ms. Zhang Rong did not offer herself for re-election due to other job allocation, she retired as the non-executive Director at the conclusion of the 2022 AGM. Ms. Zhang has confirmed that (i) she has no disagreement with the Board, and (ii) there is no matter in respect of her retirement and the below-mentioned cessation, which needs to be brought to the attention of the Shareholders and the Stock Exchange. Ms. Zhang ceased to act as a member of the audit committee of the Board and Mr. Yang Haoran has been appointed by the Board as a member of the Audit Committee.