360 DigiTech, Inc. announced Mr. Yongjin Fu has tendered his resignation as a director of the Company for personal reasons, effective as of January 20, 2023. The board of directors of the Company (the “Board”) has approved the appointment of Mr. Fan Zhao as an independent director of the Company, effective immediately. Mr. Fan Zhao will also serve on the audit committee of the Board as its member.

In addition, the Board has approved the appointment of Mr. Gang Xiao as the chairperson of the audit committee of the Board, effective immediately. Mr. Fan Zhao founded and has served as the chairman of the board of directors of Beijing Fengye Fanda Investment Advisory Co. Ltd. since 2000.

He has served as a director of Heintzman Piano Company Limited since 2004. He founded and served as a director of Sunbridge International Holdings Limited from 2002 to 2018. From 2000 to 2004, Mr. Zhao was an independent director of www.3721.com.

Mr. Fan Zhao was the president of Hebei Bada Group from 1993 to 1999. Mr. Fan Zhao received a bachelor's degree in engineering from Beijing University of Civil Engineering and Architecture in 1982 and an MBA degree from Lawrence Technological University in 2002, respectively.