China Bright Culture Group announced that, 1) with effect from 9 February 2024, Mr. Liu has resigned as the Chairman of the board, an executive Director, the Authorized Representative and the chairman of the Nomination Committee Board due to his desire to devote more time to his personal endeavours. Mr. Liu has also resigned from the position as the director of all the subsidiaries and associated companies of the Company.; (2) with effect from 26 February 2024, Mr. SU Lei has been appointed as the Chairman, an executive Director and the chairman of the Nomination Committee; Mr. SU Lei, aged 39, has been appointed as the Chairman, an executive Director and the chairman of the Nomination Committee with effect from 26 February 2024. Mr. Su currently serves as the marketing director of Co-High Investment Management Limited, where he is responsible for implementing various private equity investment projects of entertainment industry.

From July 2006 to December 2013, Mr. Su served in Unit 91024 of Chinese People's Liberation Army. From December 2013 to August 2017, Mr. Su served in the human resource department of Chengdu Municipal Housing and Urban-Rural Development Bureau as senior staff,Mr. Su obtained a bachelor's degree in public health management from the Air Force Medical University in the People's Republic of China and a master's degree in business administration from Hong Kong Metropolitan University in Hong Kong. (3) with effect from 26 February 2024, Mr. TO Siu Lun has been appointed as an independent non- executive Director, a member of the Audit Committee and a member of the Remuneration Committee.

Mr. TO Siu Lun, aged 55, has been appointed as an independent non-executive Director, a member of the Audit Committee and a member of the Remuneration Committee with effect from 26 February 2024. Mr. To has over 33 years of experience in accounting, tax consultation, and asset management in the PRC and Hong Kong. From July 1990 to August 2000, he served as a manager of the department of tax and business consultation in Arthur Andersen LLP.

From March 2003 to March 2019, Mr. To served as a partner in RSM Hong Kong (formerly known as RSM Nelson Wheeler). Since April 2019, he serves as a partner in ORI Capital Limited, a licensed corporation registered under the SFO to carry out Type 9 (asset management) regulated activity since 31 January 2020, and he serves as the licensed representative of ORI Capital Limited since 27 April 2020. Mr. To is currently an independent non-executive director of China MeiDong Auto Holdings Limited, an independent non-executive director of Resverlogix Corporation and an independent non-executive director of Combine Will International Holdings Limited.

Mr. To was conferred a bachelor's degree in social science by the University of Hong Kong in 1990, and was conferred a master of arts in training and human resource development by the University of Technology, Sydney in July 2005. Mr. To is a fellow member of the Association of Chartered Certified Accountants of the United Kingdom, a member of the Hong Kong Institute of Certified Public Accountants, and a member of The Taxation Institute of Hong Kong.