The board of directors of Zhong Jia Guo Xin Holdings Company Limited announced that with effect from 23 February 2024, Ms. Ouyang Yanling has been appointed as an executive Director and Mr. Chen Dong Yao has been appointed as a non-executive Director. aged 40, has more than 10 years of experience in graphite mining industry management since 2013. Ms. Ouyang was an investment consultant at Hunan Wanhe Graphite Technology Co.

Ltd. from 2013 to 2018. Ms. Ouyang then served as a supervisor at Hunan Zhongjia Graphite Co. Ltd. from around October 2018 to November 2021.

Since 16 September 2020, she has been a director of Sino Plus Graphite Holdings Co. Ltd. From 26 June 2023 onwards, she has been a director of Zhongjiaxincai Holdings Co. Ltd. Furthermore, since 15 June 2023, she has been a director of Yongming Investment Holdings Limited, which is an indirect non-wholly owned subsidiary of the Company; and since 8 June 2023, she has been a director of Yonyin Investment Holdings Limited, which is an indirect wholly owned subsidiary of the Company.

Ms. Ouyang is mainly responsible for advising on the aforesaid companies' business development matters. Her responsibilities include overseeing the business operations and development of the aforesaid companies, mergers and acquisitions of mining companies, project consulting, production, operation and investment plans, and other related work. Ms. Ouyang completed a 5-year college degree from Yueyang Vocational and Technical College in June 2004 and obtained a college degree.

Mr. Chen Dong Yao, aged 36, has more than 9 years of experience in graphite mining industry management since 2014. Mr. Chen has been a deputy general manager of Hunan Wanhe Graphite Technology Co. Ltd. since 2014 and has been a director of Sino Plus Graphite Holdings Co.

Ltd. from 22 November 2021. He was mainly responsible for advising business development matters. Since 2014, Mr. Chen has been participating in the management of the aforesaid companies.

He is primarily responsible for formulating the development objectives and corporate direction. He has also participated in the planning, project management, investment analysis, risk assessment, and feasibility analysis for various mergers, acquisitions, and restructuring projects of mining companies or relevant companies. Mr. Chen graduated with a degree of Bachelor of Arts from York University in Canada in 2011.