The Board of Lianhua Supermarket Holdings Co., Ltd. announced that due to adjustment of work, Mr. Wang Song ("Mr. Wang") has tendered his resignation as the chief financial officer of the Company. Mr. Wang's resignation became effective on 8 July 2022. Mr. Wang has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Board announced that Ms. Xu Xiao-yi (Note) has been appointed as the chief financial officer of the Company with effect from 8 July 2022.