Jiumaojiu International Holdings Limited resigned as an executive Director, the Joint Company Secretary and a member of the Remuneration Committee; and Mr. Su Danman has been appointed as an executive Director, an Authorized Representative, the Joint Company Secretary and a member of the Remuneration Committee. Mr. Su, aged 35, joined the Group in April 2019 and has served as the financial controller of the Group. Prior to joining the Group, he worked as an auditor, assistant manager and audit manager at KPMG Huazhen LLP Guangzhou Branch from September 2011 to April 2019.

Mr. Su has over 11 years of experience in auditing, accounting, taxation and financial controlling. Mr. Su graduated from Guangdong University of Foreign Studies in June 2011 with a double bachelor's degree in Economics and Management. Mr. Su is a member of the Chinese Institute of Certified Public Accountants and a member of the China Certified Tax Agents Association.

The Board further announces that Mr. Su has been appointed as the Joint Company Secretary. The Board further announces that Mr. Su has been appointed as a member of the Remuneration Committee with effect from June 9, 2023.