The board of directors of Great Wall Pan Asia Holdings Limited announced that Mr. Wang Han ("Mr. Wang") has tendered his resignation as the Chief Financial Officer of the Company as Mr. Wang needs to devote more time to his other business engagements, with effect from 23 November 2021. The Board announced that Mr. Zou Laiying ("Mr. Zou") has been appointed as the Chief Financial Officer of the Company to succeed Mr. Wang, with effect from 23 November 2021.