The board of directors of Haichang Ocean Park Holdings Ltd. announced that Mr. Li Hao ("Mr. Li") has resigned as a non-executive Director, with effect from 3 July 2023 as he needs to devote his attention to other commitments as a result of his busy working schedule at ORIX Group. The Board announced that Mr. Wu Tongtong ("Mr. Wu") has been appointed as a non-executive Director with effect from 3 July 2023. Mr. Wu Tongtong, aged 43, graduated from the Graduate School of Finance, Accounting and Law of Waseda University in Japan with a master's degree in business administration (finance).

Mr. Wu has more than ten years of management experience in investment, real estate development, and IP licensing of films and television shows. The Board considers that the appointment of Mr. Wu Tongtong will bring valuable perspectives, skill and experience to the Board and the Company's future development. Mr. Wu joined ORIX Corporation in January 2010 and is currently a director of ORIX Corporation.

At the same time, Mr. Wu served as the executive deputy general manager of ORIX (China) Investment Co. Ltd. and the president of ORIX (China) Industrial Holdings Co. Ltd. Mr. Wu is also a director of Beijing Dongfang Zhongke Integrated Technology Co.

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