The board of directors of Gudou Holdings Limited announced that Prof. Wang Dawu ("Prof. Wang") has resigned as an independent non-executive Director of the Company, a member of the audit committee, the independent investigation committee, the nomination committee and the remuneration committee, with effect from 11 March 2024, due to health reasons. The Board further announces that Ms. Zhang Shaomin* ("Ms. Zhang") has been appointed as an independent non-executive Director of the Company, a member of the audit committee of the Company, the independent investigation committee of the Company, the nomination committee of the Company and the remuneration committee of the Company with effect from 11 March 2024. Ms. Zhang, aged 58, obtained a bachelor's degree in administration from the Huazhong University of Science and Technology in 2005.

Ms. Zhang has 35 years of experience in the financial industry and is familiar with the management framework, corporate governance, brand management, corporate strategic management and internal control systems of financial institutions. Before joining the Group, Ms. Zhang served as a director of two Chinese banks from 2018 to 2022. From 2011 to 2017, Ms. Zhang served as a director and vice president of Jiangmen Xinhui Rural Commercial Bank Co.

Ltd. Ms. Zhang had been holding various positions in Chinese banks since 1987.