The board of directors of Dowell Service Group Co. Limited announced that Mr. Yang Guang (?Mr. Yang?) has resigned as the chairman of the board of Supervisors with effect from 26 April 2024 in order to devote more time to his other commitments. Subsequent to his resignation as the chairman of the Supervisory Board, he will continue to be a Supervisor.

Subsequent to Mr. Yang's resignation as the chairman of the Supervisory Board, Mr. Mao Dun (?Mr. Mao?), currently a Supervisor, has succeeded Mr. Yang as the chairman of the Supervisory Board with effect from 26 April 2024. Mr. Mao Dun, aged 45, is a Supervisor. He was appointed as a Supervisor in December 2020 and was re-elected as a Supervisor in December 2023.

He obtained a bachelor's degree in taxation from Chongqing Business College, currently known as in the PRC in July 2001. Since May 2014, Mr. Mao has served as the assistant audit general manager of Dongyuan Property Development Group Company Limited and has been responsible for coordinating audit related matters. Since March 2024, Mr. Mao served as an employee supervisor of Dima Holdings Co.

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