Qingci Games Inc. announced that with effect from October 17, 2023, Mr. Zhang Longgen has resigned as an independent non-executive Director in order to devote more time to other personal commitments. Accordingly, Mr. Zhang has ceased to be the chairman of the audit committee under the Board and a member of the remuneration committee under the Board. With effect from October 17, 2023, Mr. Yuan Yuan ("Mr. Yuan") has been appointed as an independent non-executive Director, the chairman of the Audit Committee and a member of the Remuneration Committee.

The biographical details of Mr. Yuan are set out below. Mr. Yuan Yuan, aged 40, has about 13 years of experience in the finance and securities industry. Mr. Yuan worked at the China Securities Regulatory Commission as a postdoctoral researcher from May 2012 to March 2016.

From March 2016 to July 2017, he worked at Soochow Securities Co. Ltd., serving simultaneously as the chief strategist, the executive deputy director of the research department, and a member of the internal verification committee. Subsequently, he worked at Huafu Securities Co.

Ltd., serving simultaneously as the managing director, the deputy head of the investment banking business committee, and the general manager of the equities investment banking division from July 2017 to May 2020. Mr. Yuan has served as the managing director of Zhong De Securities Company Limited since May 2020. Mr. Yuan obtained a doctorate degree in accountancy from the Shanghai University of Finance and Economics in 2012 and engaged in postdoctoral research in applied economics in Tsinghua University, he possesses the relevant expertise required under Rule 3.10(2) of the Rules Governing the Listing of Securities on the Stock Exchange.

Mr. Yuan is currently an independent non-executive director of China New City Commercial Development Limited and an independent director of Leo Group Co. Ltd., Xinjiang Daqo New Energy Co. Ltd. and Jiangsu Suzhou Rural Commercial Bank Co.

Ltd. As a result of the resignation and appointment of Directors as disclosed above, the composition of the Audit Committee and the Remuneration Committee will be changed as follows, with effect from October 17, 2023: Audit Committee Mr. Zhang has ceased to be the chairman (and a member) of the Audit Committee and Mr. Yuan has been appointed as the chairman (and a member) of the Audit Committee. Remuneration Committee Mr. Zhang has ceased to be a member of the Remuneration Committee and Mr. Yuan has been appointed as a member of the Remuneration Committee.