The board of directors of Titan Invo Technology Limited announced that Mr. Chen Wenbin (Mr. Chen) has tendered his resignation from his position as executive Director with effect from 31 January 2024, in order to devote more time to his other career commitments. The Board further announces that Mr. Zhao Hui (Mr. Zhao) has been appointed as an executive Director with effect from 31 January 2024. Mr. Zhao, 53, obtained bachelor 's and master 's degrees in Economics from Tsinghua University School of Economics and Management.

Mr. Zhao joined Tus-Holdings Co., Limited ("Tus-Holdings") in May 2023 and has been in charge of its finance and capital market operations. Since December 2023, Mr. Zhao has served as the Chief Financial Officer of Tus-Holdings and is also responsible for the finance department of Tus-Holdings. Mr. Zhao is also the chairman of Xi'an Raising Urban Heating Develop Group Co.

Ltd. Mr. Zhao has extensive experience in the financial sector, especially in the fixed income, securities and equity investment, asset management and international business fields. Prior to joining Tus-Holdings, Mr. Zhao served as the Fund Managing Partner of Chunguangli Industrial Capital Group from May 2021 to May 2023. Mr. Zhao was the Chairman and President of Kunyuan Asset Management Limited from November 2016 to May 2021, the Investment Director and General Manager of the Asset Management Department of Everbright Financial Holding Asset Management Co.

Ltd. from November 2013 to October 2016 and the Vice President and General Manager of the Fixed Income Department of Zhong De Securities Company Limited (a joint venture with Deutsche Bank) from June 2010 to October 2013. Before that, Mr. Zhao had further management roles in a number of major investment banks in China and overseas, including UBS, BOCI and Guotai Junan.