The board of directors of Yuanda China Holdings Limited announced that Mr. Ma Minghui, ("Mr. Ma") has tendered his resignation as an executive director of the Company with effect from 6 March 2024 as he wishes to devote more time to his other personal commitment. Mr. Ma has confirmed to the Company that he has no disagreement with the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.