Litu Holdings Limited announced the following changes in the composition of the Board and Board committee of the Company: Mr. Qin Song has tendered his resignation as executive Director, vice-chairman, chief executive officer and member of the nomination committee of the Company with effect from 21 January 2022 as he wishes to pursue his other career development. The Board further announces that with effect from 21 January 2022, following the resignation of Mr. Qin, Mr. Chen Xiao Liang (``Mr. Chen''), Chairman and executive Director, has been re-designated as the chief executive officer in place of Mr. Qin. The Board further announces that with effect from 21 January 2022, Mr. Qin also ceased to be a member of the nomination committee of the Company and Mr. Huang Wanru, an executive Director, has been appointed as a member of the nomination committee of the Company in place of Mr. Qin.