The board of directors of China Literature Limited announced that Mr. Huang Yan (‘Mr. Huang’) has been appointed as an executive Director with effect from June 30, 2023. Mr. Huang, aged 39, joined the Company in November 2021 and currently serves as the vice president of the Company. He has extensive and in-depth management experience in product planning and operation.

Prior to joining the Company, Mr. Huang served as the director of Platform Research and Development Line of Tencent Holdings Limited (‘Tencent’) (a company listed on the main board of The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange’) with stock code of 700 and a controlling shareholder of the Company (as defined in the Listing Rules)) from May 2008 to October 2012, served as chief research and development architect of Baidu Inc. (a company listed on Nasdaq with stock symbol of BIDU with its secondary listing on the Stock Exchange with stock code of 9888) from October 2012 to March 2015, and served as chief technology officer and the president of the Smart Education Platform Group of TAL Education Group (a company listed on the New York Stock Exchange with stock code of TAL) from April 2015 to August 2021. He is also a director of Transread Technology Limited, a company incorporated under laws of Cayman Islands and wholly owned by the Company, and a director of Transread Technology Limited, a company incorporated under laws of Hong Kong and held by the Company as to 51%. Mr. Huang obtained a bachelor's degree and a master's degree, both in computer science and technology, from University of Science and Technology of China in 2003 and 2006, respectively.

The Board announced that Mr. Zou Zhengyu (‘Mr. Zou’) has tendered his resignation as a non-executive Director and a member of the strategy and investment committee of the Board in order to devote more time to pursue his other personal affairs. The resignation takes effect from the date of this announcement. Mr. Zou has confirmed that he has no disagreement with the Board and that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the Stock Exchange and the shareholders of the Company.