Digital China Holdings Limited announced that Mr. ZENG Shuigen has resigned as a non-executive Director of the Company with effect from 28 March 2024 due to his other personal engagements. Mr. LIU Jun Qiang has been appointed as a non-executive Director of the Company with effect from 28 March 2024. Mr. LIU Jun Qiang, aged 44, serves as the deputy director of the investment department of Guangzhou City Infrastructure Investment Group Limited, the vice general manager of each of Guangzhou City Investment Co., Ltd, and Guangzhou City Investment Jiapeng Industry Investment Fund Management Co., Ltd,GZ City Investment and GZ City Investment Jiapeng being subsidiaries of GZ Infrastructure.

Mr. LIU received a Bachelor's Degree in economics from Jiangxi University of Finance and Economics in 2002 and a Master's Degree in business administration from Jinan University in 2008. Mr. LIU has 21 years of experience in corporate management and investment since 2002. During this period, Mr. LIU was responsible for smart city investment operations, investment management human resources and other aspects of work.