On 3 November 2022, the board of directors of Nanjing Panda Electronics Company Limited (the "Company") received a written resignation report from Mr. Guo Qing, a deputy general manager, who applied for resignation as a deputy general manager of the Company as he has reached the age of retirement. After such resignation, Mr. Guo Qing will no longer hold other positions in the Company. In accordance with relevant regulations, the resignation report of Mr. Guo Qing has been effective from the date of its delivery to the board of directors of the Company.

Mr. Guo Qing was dedicated and diligent during his tenure of office as a deputy general manager of the Company.