Ping An Healthcare and Technology Company Limited announced that, Mr. Fang Weihao has tendered his resignation as the chairman of the Board and an executive Director of the Company due to personal work arrangement with effect from 18 October 2023. Mr. Fang Weihao will cease to be a member of the Sustainable Development Committee of the Board and the authorized representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities of The Stock Exchange of Hong Kong Limited upon his resignation as an executive Director. The resignation of Mr. Fang Weihao does not affect the normal operation of the company.

The company believes that under the premise of scientific decision-making, the corporate governance structure will continue to be standardized and efficient after his resignation. Mr. Li Dou has been re-designated from a non-executive Director to an executive Director for a term of three years with effect from 18 October 2023, and has been appointed as the chairman of the Board, a member of the Sustainable Development Committee of the Board, the Chief Executive Officer and the Authorised Representative. Mr. Li Dou, aged 47, is currently appointed as an executive Director, the chairman of the Board, a member of the Sustainable Development Committee of the Board, the Chief Executive Officer and the Authorised Representative, and has been a non-executive Director of the Company since August 2023 when he joined the Group.

Mr. Li has successively held senior management positions in various fields such as medicine, fast-moving consumer goods, insurance and elderly care. He has profound insights and extensive experience in understanding consumer needs, for which he deployed back-end product research and development, the development of supply channel and digital operations. Mr. Li served as a special assistant to the Chairman of Ping An Life Insurance Company of China Ltd. and the vice president of sales and the demand general manager of China of Mars Wrigley Confectionery (China) Ltd. Mr. Li obtained a bachelor ' s degree in international business management from Guangdong University of Foreign Studies and a master's degree in enterprise management from the University of Minnesota.