The board (the "Board") of directors (the "Director(s)") of Tong Ren Tang Technologies Co. Ltd. announce that the extraordinary general meeting of the Company was held on 22 January 2024, approved the appointment of Mr. Di Shu Bing as an executive Director of the eighth session of the Board. Following the resignation of Mr. Gu Hai Ou as an executive Director, Mr. Di Shu Bing has been appointed as an executive Director of the eighth session of the Board of the Company as approved by the Shareholders at the EGM.

The terms of office of Mr. Di Shu Bing commence from the date of appointment (i.e. 22 January 2024) and until the end of this session of the Board, subject to re-elected at the end of the term. Mr. Di Shu Bing will not receive remuneration for his service as an executive Director. The Board announce that the Board resolved on 22 January 2024 to elect Mr. Di Shu Bing as the Chairman of the Board.

On the same day, the Board also resolved to appoint Mr. Di Shu Bing as the chairman of the nomination committee of the Board and the chairman of the strategy and planning committee of the Board. The Board hereby announces that, Mr. Di Shu Bing was appointed as an authorized representative of the Company under the Rule 3.05 of the Hong Kong Listing Rules with effect from 22 January 2024.