China Come Ride New Energy Group Limited announced that Mr. LIU Jianting ("Mr. Liu") has been appointed as an independent non-executive director ("INED"), the chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee of the Company with effect from 28 February 2024. Mr. Liu, aged 44, graduated from Beijing Jiaotong University with a major in Tourism English in July 2021. Mr. Liu is currently holding senior carbon emissions manager and Level 3 health manager qualification in China, with rich experience in financial investment, marketing management and team building.

Mr. Liu is currently a major shareholder and a director of a Hong Kong private limited company China Peak Energy Co., Limited. Mr. Liu served as the general manager of Yunnan Pingyuan Trading Co. Ltd. from June 2020 to September 2023, and as the general manager of Shenzhen Huaying Investment Management Co.

Ltd. from June 2014 to March 2020 in China. Following the appointment of Mr. Liu to the Board committees, with effect from 28 February 2024: (i) Mr. ZHOU Renchao, the Chairman of the Company, has been appointed as the chairman of the Nomination Committee and a member of the Remuneration Committee; (ii) Mr. LEUNG Tsun Ip has ceased to be the chairman of the Nomination Committee and appointed as a member of the committee; and (iii) Mr. Liu has been appointed as the chairman of the Remuneration Committee, a member of the Audit Committee and a member of the Nomination Committee.