Yidu Tech Inc. announced that with effect from 1 February 2023, Ms. Gong Yingying has relinquished her role as the Chief Executive Officer in order for the Company to better comply with code provision C.2.1 of the Corporate Governance Code set out in Appendix 14 to the Listing Rules. Following the relinquishment of Ms. Gong as the Chief Executive Officer, Mr. Xu Jiming has been appointed as the Chief Executive Officer in place of Ms. Gong with effect from 1 February 2023. Ms. Gong remains as an executive Director, chairlady of the Board, chairperson of the nomination committee of the Board and a member of the Remuneration Committee.

Mr. Xu, aged 39, is a Senior Vice President (Life Sciences Solutions) and Co-founder of the Company and leads and manages the Life Sciences Solutions business of the Company. Mr. Xu has served as the chief technology officer of Yidu Cloud Beijing, a subsidiary of the Company, since October 2015 and the chief executive officer of Tianjin Happy Life, an affiliated company of the Company, since March 2018. Mr. Xu has also served as the deputy director of the Tsinghua University-YiduCloud Intelligent Automated Medical System Joint Research Center since May 2018 and is the co-author of a paper on the application of AI technology in medicine development published in the Nature Medicine journal in January 2019.

Mr. Xu is the spouse of Ms. Gong Yingying, an executive Director and the Chairlady of the Board. Mr. Xu has over ten years of experience in the fields of search engine technology, big data and AI. Before joining the Group in October 2015, Mr. Xu worked in the mobile business division of Alibaba where he held the positions of senior architect at UCWeb between June 2015 and October 2015 and general manager of the search product technology center of amap.com between May 2013 and June 2015.

Between July 2008 and May 2013, Mr. Xu worked at Baidu Internet Technology Co. Ltd. as a technology manager. Mr. Xu received his master's degree in computer application technology from the Graduate School of the Chinese Academy of Sciences in July 2008 and his bachelor's degree in automation from Tsinghua University in July 2005.