The board of directors of China Boqi Environmental (Holding) Co., Ltd. announces that Ms. Cao Xiaoping ("Ms. Cao") has tendered a resignation of ceasing to serve as the chief financial officer of the Company (the "Chief Financial Officer") due to the reason of her age and other work arrangement with effect from 25 March 2022. The Board of the company announced that Ms. Wang Hui ("Ms. Wang") was appointed as the Chief Financial Officer with effect from 25 March 2022. Ms. Wang Hui has served as the president assistant, and concurrently the general manager of financial management center of Beijing Boqi since July 2020.

Ms. Wang has served as a supervisor of Laibin Boqi Environmental Protection Technology Co., Ltd., Qinghai Boqi Ecological Environment Technology Co., Ltd.(formerly known as Haixi Jingze Environmental Protection Technology Co., Ltd. and Beijing Boqi Tianqi Environmental Protection Technology Co., Ltd., three subsidiaries of Beijing Boqi, since September 2020, December 2021 and January 2022, respectively.