The Board announced that Mr. Wang Shudong has been appointed as an executive director of the fourth session of the Board by Shareholders at the AGM held on 11 May 2021. Mr. Wang Shudong was also elected as the chairman of the fourth session of the Board and appointed as the chairman of the strategic planning committee and a member of the nomination committee of the Board at the meeting of the Board on the same day. The term of office of Mr. Wang Shudong starts from 11 May 2021 until the expiry of the fourth session of the Board.