Qingdao AInnovation Technology Group Co., Ltd. announced that, Mr. Xiao has also resigned as the chief financial officer of the Company (the "Chief Financial Officer"). Mr. Xiao has confirmed that he has no disagreement with the Board, and there is no matter that needs to be brought to the attention of the Shareholders and the Hong Kong Stock Exchange in relation to his resignation as the Chief Financial Officer. The Board announced that it has resolved to appoint Ms. Yu Jin ("Ms. Yu") as the Chief Financial Officer with effect from 30 January 2024.

Ms. Yu Jin has been an internal control and audit officer of the Company since October 2020, and the joint financial officer of the Company since November 2022. Ms. Yu has served in PricewaterhouseCoopers Zhong Tian LLP as the senior manager of audit department from September 2009 to October 2020. Ms. Yu obtained a Master's degree in International Business and Economics from University of International Business and Economics in June 2009.