The board of directors of China Dili Group announced that with effect from 28 March 2023, (i) Mr. Yao Yanzhong has been appointed as non-executive director of the Company; and (ii) Mr. Liu Lizhen has resigned as non-executive director of the Company. Mr. YAO Yanzhong (), aged 42, holds a joint EMBA degree from Peking University and the University of Hong Kong. Mr. Yao has extensive experience in the operation of retail business.

Mr. Yao joined JD Group in 2004 and is a senior vice president of JD Group. He has become the president of JD retail-superstore business group since the end of 2022 and is responsible for supermarket business in online FMCG and fresh food, 7FRESH, YHD.com, etc. and the integration business of omni-channel, full scenarios and full category.

Mr. Yao had successively served as president of several JD's retail divisions such as computers and digital products business group, mobile devices business group, life services business group, 3C home appliance business group etc,. During his tenure, he had highly contributed in the development of JD's leading position in computers, digital products, mobile devices, home appliance etc. He also led his team to reach strategic cooperations with the worldwide headquarters of Microsoft, Intel, Lenovo, HP, Dell etc.

Saved as above, Mr. Yao served as a director of ATRenew Inc., the American depositary shares of which are listed on New York Stock Exchange under the symbol`RERE'', from September 2022 to February 2023. The Board announces that Mr. Liu Lizhen has resigned as non-executive director of the Company with effect from 28 March 2023 due to his other business commitments and work arrangements.