Healthcare AI Acquisition Corp. on September 5, 2023, the board of directors of Healthcare AI Acquisition Corp. accepted the resignation of Weiyi Zheng as a director of the Company, and appointed Xiaocheng Peng as chief financial officer of the Company and to serve as a non-independent director of the Company.

Xiaocheng Peng is the founder and has served as director of Shanghai Dezhi Enterprise Consulting Co. Ltd. since September 2022. Previously, he served as the chief financial officer of Orisun Acquisition Corp.

from December 2019 to November 2020. Mr. Peng has been an investment professional and serves as a director at Everpower International Holdings Co. Ltd. since December 2015, focusing on high technology and entertainment.

He is experienced in creating strategic plans for target companies, leading due diligence, preparing related investment materials and analysis reports, deal negotiation, and post-investment management. Mr. Peng earned his Master of Business Administration degree from California State University Long Beach in 2015, a Master of Engineering in Environmental Engineering from Oregon State University in 2013, and a bachelor?s degree in Food Safety and Quality from Jilin University in China in 2011.