The board of directors of Hao Bai International (Cayman) Limited announced the appointment of Mr. Jiang, Jianguo as the Managing Director of the Company with effect from 22 March 2023. Mr. Jiang, Jianguo, aged 53, has close to 30 years of investment and business management in the agricultural sector in Mainland China. Mr. Jiang will be responsible for overseeing the Company's Investment team in Mainland China.