China Travel International Investment Hong Kong Limited announced changes to the Board, composition of committees of the Board and senior management of the Company with effect from 9 November 2022: (1) Mr. Jiang Hong has resigned as the Chairman, an executive Director, a member of the Remuneration Committee and the chairman of the Nomination Committee; (2) Mr. Lo Sui On has resigned as the Vice Chairman and an executive Director; (3) Mr. Chen Xianjun has resigned as an executive Director and the general manager of the Company; (4) Mr. Tang Yong has resigned as an executive Director and the deputy general manager of the Company; (5) Mr. Wu Qiang has been re-designated from a non-executive Director to an executive Director, and appointed as the Chairman and the chairman of the Nomination Committee; (6) Mr. Feng Gang has been appointed as an executive Director and the general manager of the Company; (7) Mr. Li Pengyu has been appointed as an executive Director; (8) Mr. Tao Xiaobin has been appointed as a non-executive Director; and (9) Mr. Fan Zhishi has been appointed as a non-executive Director. Mr. Wu, aged 50, is the Chairman and an executive Director. He was appointed as an executive Director and executive deputy general manager of the Company in March 2019, and the general manager of the Company in May 2020.

He resigned as the general manager of the Company and was and re-designated from an executive Director to a non-executive Director on 20 January 2022. Mr. Wu is the general manager of the strategic development department of China Travel Service (Holdings) Hong Kong Limited a controlling shareholder of the Company, and a director of some of the subsidiaries of China CTS. Mr. Wu was the deputy general manager in the corporate development and management department of CTS (Holdings).

He was also a director and the executive deputy general manager of Shenzhen The World Miniature Co. Ltd., a subsidiary of the Company, and a director and the general manager of Shenzhen Splendid China Development Co. Ltd. Mr. Wu has extensive experience in investment planning and corporate and scenic spots management.

Mr. Wu graduated from the School of Business, Nanjing University with a master's degree in management. Mr. Feng, aged 49, is an executive Director and the general manager of the Company. He was the deputy general manager of the Company from January 2019 to 8 November 2022.

He is a director of some of the subsidiaries of China CTS and a director of a number of subsidiaries of the Company. Mr. Feng was the president of China Travel Hong Kong (Zhuhai) Ocean Spring Co. Ltd. and a director and the executive deputy general manager of Shenzhen The World Miniature Co.

Ltd., which are subsidiaries of the Company. Mr. Feng has extensive experience in investment planning, finance and business management. Mr. Feng obtained a master degree in accounting from Wuhan University in 2008 and a master of business administration degree from the Open University of Hong Kong (now known as Hong Kong Metropolitan University) in 2013.

Mr. Li, aged 44, is an executive Director. He was the deputy general manager of the human resources department of CTS (Holdings). Mr. Li graduated from China Center for Economic Research in 2005 with a master's degree in economics.

Mr. Li has extensive experience in human resources and business management. Mr. Tao, aged 45, is a non-executive Director. He is the general manager of the overseas business department of CTS (Holdings) and a director of CTG Financial Services Corporation Limited, a subsidiary of China CTS.

Mr. Tao is also a director of a number of subsidiaries of the Company. Mr. Tao was the deputy general manager of the Company from February 2017 to September 2022. He has extensive experience in investment planning, corporate management and financial management.

Mr. Tao graduated from Nanjing Audit Institute (now known as Nanjing Audit University) in 1999 with a bachelor's degree in accounting, and obtained a master's degree in business administration from Fudan University in 2004. Mr. Fan, aged 52, is a non-executive Director. He is a director CTG Investment and Asset Management Corporation Limited, a subsidiary of China CTS.

He was a director of CTG Financial Services Corporation Limited and the deputy general manager of CTG Travel Service Co. Ltd., which are subsidiaries of China CTS, and the general manager of the information management department of CTS (Holdings). Mr. Fan has extensive experience in tourism industry, information management and corporation management.

He obtained a bachelor's degree in economics in 1993 and a master's degree in economics in 2001 from Renmin University of China.