The board of directors of China Parenting Network Holdings Limited announced that Ms. Li Juan has resigned from her position as a non-executive Director of the Company with effect from 28 March 2024 due to her other business commitment. Following her resignation, Ms. Li ceased to be the member of the audit committee of the Board. The Board announced that Ms. Song Yuanyuan has been appointed as a non-executive Director with effect from 28 March 2024.

Ms. Song, aged 44, has been appointed as a non-executive Director since 28 March 2024. Ms. Song is a professional investor and invests in listed companies and private companies in industries such as IT services, media and real estate. She owns 100% of XI-F-AIPTE.LTD. and indirectly holds 12,446,537 shares of the Company, accounting for 4.32% of the total issued shares of the Company.

Ms. Song previously held a financial management position at ``CEC NEIIC (CEC)''. Ms. Song graduated from China University of Geosciences (Beijing), majoring in accounting. Following the resignation of Ms. Li, Ms. Song, the non-executive Director, has been appointed as a member of the audit committee of the Company to take the place of Ms. Li with effect from 28 March 2024.