Pintec Technology Holdings Limited announced changes to its board of directors effective immediately. The Company’s board of directors has appointed Mr. Zehua Shi as an independent director. In addition, Mr. Chao Zhou has tendered his resignation as an independent director, a member of the Audit Committee, and the chairman of the Compensation Committee. Following his resignation, independent director Mr. Yong Chen will succeed Mr. Zhou to serve as a member of the Audit Committee and as the chairman of the Compensation Committee. Mr. Zehua Shi has extensive experience in supply chain integration and corporate strategy development. Mr. Shi has served as the chairman of the board of directors for both Guangdong HMH Industry Group since April 2019 and Shenzhen Longway Technology Co. Ltd. since January 2015. From October 2017 to April 2019, Mr. Shi served as the chairman of the board of directors for Zhuhai HMH Industry Group. Prior to this position, From September 2008 to September 2015, Mr. Shi held several executive positions at Guangdong Huasheng Electrical Appliances Co. Ltd., including assistant chairman and executive president.