On 30 December 2022, the board of directors of Nanjing Panda Electronics Company Limited received a written resignation report from Mr. Huang Shaofeng, a deputy general manager, who applied for resignation as a deputy general manager of the Company due to his change of job arrangement. After such resignation, Mr. Huang Shaofeng will no longer hold other positions in the Company. In accordance with relevant regulations, the resignation report of Mr. Huang Shaofeng has been effective from the date of its delivery to the board of directors of the Company.