The board of directors of Tong Ren Tang Technologies Co. Ltd. announced that, due to work adjustment, Ms. Jia Ze Tao (‘Ms. Jia') has ceased to serve as secretary of the Board, the joint company secretary and the authorised representative (the ‘Authorized Representative') under the Rule 3.05 of the Rules Governing the Listing of Securities (the ‘Listing Rules') on The Stock Exchange of Hong Kong Limited (the ‘Hong Kong Stock Exchange') of the Company with effect from 4 May 2023. The Board also announced that, due to work adjustment, Ms. So Shuk Yi, Betty (‘Ms. So') has ceased to serve as the joint company secretary and the agent for acceptance of service of process and notices on behalf of the Company in Hong Kong under Rule 19A.13(2) of the Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the ‘Process Agent') with effect from 4 May 2023.

Ms. Jia and Ms. So have confirmed that they have no disagreement with the Board and there is no matter relating to their resignation that needs to be brought to the attention of the shareholders of the Company or the Hong Kong Stock Exchange. The Board is also announced that Mr. Li Yijun (‘Mr. Li') and Ms. Yung Mei Yee (‘Ms. Yung') have been appointed as the joint company secretaries of the Company; Mr. Li has been appointed as secretary of the Board and the Authorised Representative; and Ms. Yung has been appointed as the Process Agent, with effect from 4 May 2023. Mr. Li Yijun, aged 38, holds a master of laws degree and a master of corporate governance degree and is an economist and psychological counselor.

He is also an associate of The Chartered Governance Institute in the United Kingdom and The Hong Kong Chartered Governance Institute, and holds the certificate from the CFA Institute (Chartered Financial Analyst Institute) in ESG investing (E: Environmental, S: Social, G: Governance). Mr. Li used to serve as board secretary and joint company secretary of Excellence Commercial Property & Facilities Management Group Limited (whose shares are listed on the Main Board of the Hong Kong Stock Exchange, head of investor relations and head of capital market management department of Shimao Group Holdings Limited (whose shares are listed on the Main Board of the Hong Kong Stock Exchange, an investor relations partner of China Vanke Co. Ltd. (whose shares are listed on the Main Board of the Hong Kong Stock Exchange and the Main Board of the Shenzhen Stock Exchange, deputy director of the office for board of directors and the representative in Hong Kong of Sinopec Shanghai Petrochemical Company Limited (whose shares are listed on the Main Board of the Hong Kong Stock Exchange, the Main Board of the Shanghai Stock Exchange and etc.

Mr. Li has extensive experience in corporate governance, investor relations and ESG. He is also a recipient of a scholarship of The Hong Kong Institute of Chartered Secretaries (presently known as The Hong Kong Chartered Governance Institute) and he was nominated by IR magazine as one of the best investor relations officers in the Greater China in 2020, and the team led by him was awarded the New Fortune Best IR of HK-Listed Company in 2019. Ms. Yung Mei Yee is a vice president of SWCS Corporate Services Group (Hong Kong) Limited.

Ms. Yung has over 20 years of experience in handling company secretarial, corporate governance and compliance affairs of listed companies. Ms. Yung has held various senior company secretarial positions in and acted as the company secretary or joint company secretary of a number of companies listed on the Hong Kong Stock Exchange. She is a fellow of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

She obtained a Bachelor's degree of Arts in Accountancy and a Master's degree of Arts in Language and Law from the City University of Hong Kong, and a Bachelor's degree of Laws from the University of London.