New Hope Service Holdings Limited announced that Mr. Dong Li, a non-executive Director, has tendered his resignation from his position with effect from 6 March 2024 as he would like to devote more time on his other commercial and personal affair. Meanwhile, Mr. Dong will be redesignated as a senior advisor to the Board for strategic development to empower the strategic development of the Company. The Board further announced that Ms. Li Wei has been appointed as a non-executive Director with effect from 6 March 2024.

Ms. Li, born in 1952, graduated from the West China Medical School of Sichuan University in 1978 and worked as a practising doctor from 1978 to 1988. Ms. Li went into business in the nineties and has extensive experience in business operation and business strategy. She founded Xichang Natural Pigment Co.

Ltd. in 1996. Subsequently, She founded Chengdu Haochijie Catering and Entertainment Co. Ltd. in 1996 and Chengdu Fenglan Technology Co.

Ltd. in 2001. Ms. Li is enthusiastic about social welfare and has founded a number of public welfare organizations. She founded Li Wei Education Foundation in 2011 and Shanghai Love Tree Life Care Centre in 2014.

Ms. Li has served as the vice president of the China Woman Entrepreneurs Association for four consecutive terms and as executive committee member of the Yunnan Provincial Women's Federation* () for three consecutive terms. She currently served as the chairman of the Li Wei Education Foundation* and Shanghai Love Tree Life Care Centre* and a member of the advisory committee of the United Nations Development Programme Sustainable Development Innovation Demonstration Project. The Board further announced that Ms. Wu Min, an executive Director and co-chairman of the Board has been redesignated as a non-executive Director and will continue to serve as the co-chairman of the Board as Ms. Wu would like to devote more time on her other business affair while Mr. Liu Xu, a non-executive Director has been redesignated as an executive Director with effect from 6 March 2024. With the redesignation of Mr. Liu to be an executive Director, he will cease to be a member of the audit committee of the Board, while Ms. Zhang Wei, a non-executive Director has been appointed as a member of the Audit Committee by the Board with effect from 6 March 2024.