Kangji Medical Holdings Limited announced that Ms. Frances Fang Chovanec has tendered her resignation as an executive Director, the Chief Financial Officer of the company and a member of the Company's environmental, social and governance committee with effect from September 15, 2023, as she would like to attend to personal matters and pursue other opportunities while devoting time to her role as the consultant of the company. Ms. Chovanec will be engaged as a consultant to the company with effect from September 15, 2023. The announced that Ms. Hu Yanyu has been appointed as the new Chief Financial Officer of the Company with effect from September 15, 2023.

Ms. Hu, aged 46, has more than 15 years of ample experience in enterprise value management, financial management and investment management. She worked at Sunny Optical Technology (Group) Company Limited, as the director of investors' relation from January 2008 to November 2013, and as the secretary to the board of directors and a joint company secretary from November 2010 to November 2013. Ms. Hu was a managing director of Shenzhen Eastern Marathon Investment Management Company Limited* from March 2017 to May 2019, and she subsequently worked in the field of private investment fund management.

Ms. Hu obtained her master's degree in business administration from Shanghai University of Finance and Economics in April 2008 and a bachelor's degree in business administration from Zhejiang University in July 2003. She has also obtained the qualification of economist issued by the Personnel Bureau of Hangzhou in 2008.