The board of directors of Red Star Macalline Group Corporation Ltd. announce that Mr. TANG Rongzhen ("Mr. TANG ") and Mr. WANG Shouyi (" Mr. WANG ") were elected as the employee representative supervisors (the " Employee Representative Supervisor(s) of the fifth session of the supervisory committee of the Company (the "Supervisory Committee") at an employee representative meeting of the Company held on 14 August 2023. Mr. TANG, aged 37, has joined the Company and served as the vice president of the Company
since July 2023. Mr. TANG worked as a recruiting specialist in Southeast Rongtong (China) System Engineering Co. Ltd. from July 2009 to July 2012. He successively served as a senior recruitment specialist and the human resource manager in Xiamen Tungsten Co. Ltd. from August 2012 to January 2017. He successively served as the professional manager, the senior manager, the deputy general manager of the human resource department, the deputy general manager of the training center in Xiamen C&D Inc. and the director of the human resource department in Xiamen C&D Steel Group Co. Ltd. from February 2017 to July 2023. Mr. TANG graduated from the Wuhan University of Science and Technology Zhongnan Branch currently known as Wuchang University of Technology with a bachelor's degree in June 2009. Mr. WANG, aged 48, has joined the Company since 2008. He currently serves as the audit director and the general manager of the audit department of the Company, responsible for organizing internal audits and assessing the soundness and effectiveness of internal controls. Mr. WANG started working in 1995 and has extensive experience in financial management, risk management and internal audits, and has successively engaged in financial management and internal audits in state-owned enterprises and private enterprises. Mr. WANG graduated from East China Normal University with a master's degree in January 2016. He has been qualified as a senior accountant, a certified public accountant (non-practicing member), a certified tax agent, a CIA (international certified internal auditor), a CISA (international certified information system auditor), and a CAP (international certified anti-fraud practitioner). Due to the expiration of the term of office of the Employee Representative Supervisors of the fourth session of the supervisory committee of the Company upon the completion of the third EGM of 2023, Mr. PAN Ning and Ms. CHAO Yanping will retire from their positions as Employee Representative Supervisors of the fourth session of the supervisory committee, with effect from 15 August 2023.