The board of directors of Tong Ren Tang Technologies Co. Ltd. announced that the extraordinary general meeting (the "EGM") of the Company was held at No. 20 Nansanhuan Zhonglu, Fengtai District, Beijing, the People's Republic of China (the "PRC") at 9:30 a.m., on 16 February 2023 approve the appointment of Ms. Wang Chun Rui as a non-executive Director of the eighth session of the Board of the Company and the remuneration proposed by the Board, and to authorize the Board to enter into the service contract with Ms. Wang Chun Rui.

Following the resignation of Ms. Guo Ya Qing as a non-executive director, Ms. Wang Chun Rui has been appointed as a non-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 Ms. Wang Chun Rui commence from the date of appointment (i.e. 16 February 2023) and until the end of this session of the Board, subject to re-elected at the end of the term. Ms. Wang Chun Rui will not receive remuneration for her service as a non-executive Director.