UP Fintech Holding Limited announced that the board of directors of the Company (the ?Board?) has appointed Mr. LIAO Ming to serve as an independent director on the Board and member of the audit committee of the Board effective on January 8, 2024. Mr. Liao is a founding partner and director of Prospect Avenue Capital, a late-stage private equity fund manager focusing on the internet industry since July 2016. Mr. Liao currently serves as an independent director of Gaotu Techedu Inc.