The Board of Beijing Beida Jade Bird Universal Sci-Tech Company Limited announced that with effect from the conclusion of the AGM held on 31 May 2024, (i) Mr. Ni Jinlei retired as an executive Director; (ii) Mr. Li Chonghua retired as an independent non-executive Director; (iii) Mr. Fan Yimin retired as an external Supervisor; and (iv) Mr. Ouyang Zishi retired as an external Supervisor, as Mr. Ni Jinlei, Mr. Li Chonghua, Mr. Fan Yimin and Mr. Ouyang Zishi have not offered themselves for re-election at the AGM upon expiry of their respective terms of office. The Board also announced that, following the passing of the resolutions at the AGM held on 31 May 2024, with effect from 31 May 2024, (i) Ms. Liu Zhangchi has been appointed as an independent non-executive Director; and (ii) each of Ms. Yang Xiaoqing and Mr. Zhu Bingze has been appointed as an external Supervisor. The Board also announced that, following the above-mentioned changes to the members of the Board, with effect from 31 May 2024, (i) Mr. Ni Jinlei ceased to be the chairman of the Company; (ii) Ms. Zheng Zhong, an executive Director, ceased to be the president of the Company and has been appointed as the chairman of the Company; and (iii) Mr. Wang Xingye, an executive Director, ceased to be the vice president of the Company and has been appointed as the president of the Company.

The Board further announced that following the changes to the members of the Board as mentioned above, the following changes in the composition of the Board committees have taken place with effect from 31 May 2024: as to the Audit Committee: Mr. Tang Xuan has been re-appointed as the chairman; Mr. Shen Wei has been re-appointed as a member; Ms. Liu Zhangchi has been appointed as a member; and Mr. Li Chonghua ceased to be a member; as to the Remuneration Committee: Mr. Shen Wei has been re-appointed as the chairman; Ms. Zheng Zhong has been appointed as a member; Mr. Tang Xuan has been appointed as a member; and each of Mr. Ni Jinlei and Mr. Li Chonghua ceased to be a member; as to the Nomination Committee: Ms. Zheng Zhong has been appointed as the chairman; each of Mr. Tang Xuan and Mr. Shen Wei has been re-appointed as a member; each of Mr. Wang Xingye and Ms. Liu Zhangchi has been appointed as a member; Mr. Ni Jinlei ceased to be the chairman; and Mr. Li Chonghua ceased to be a member. The Board also announced that, following the above-mentioned changes to the members of the Supervisory Committee, with effect from 31 May 2024, (i) Mr. Fan Yimin ceased to be the chairman of the Supervisory Committee; and (ii) Ms. Yang Xiaoqing has been appointed as the chairman of the Supervisory Committee. Ms. Liu Zhangchi, aged 29, graduated from the Boston College in 2016 with a double bachelor's degree in history and economics.

Ms. Liu was a co-founder of Beijing Jieke Technology Co. Ltd. and the chief executive officer of a self-established baking brand in Beijing. Ms. Liu was the acting chief executive officer of Christine International Holdings Limited, where she was responsible for its asset and business restructuring and corporate transformation planning.

She was the strategic advisor of Shenzhen Heiluo Technology Co. Ltd. She is currently the strategic advisor of Changsha Heiluo Technology Co. Ltd. and she has participated in its business planning, financing, and team building and management.

Ms. Yang Xiaoqing, aged 62, graduated from Peking University in 2004 with a bachelor's degree in law. Ms. Yang has worked for China Hewlett-Packard Co. Ltd., ORACLE in China and Beijing Foreign Enterprise Human Resources Service Co.

Ltd. She is currently the deputy director of the chairman's office of Beijing Beida Jade Bird Limited. Mr. Zhu Bingze, aged 41, graduated from Beihua University in 2009 with a master's degree in business administration. Mr. Zhu was a training specialist of the Beijing branch of Yingda Taihe Life Insurance Co.

Ltd., who had successively served as the secretary of the Youth League Committee and the deputy director of the Office of the Environmental Planning Institute of the Ministry of Ecology and Environment of the PRC, and he was the general manager of the Hainan branch of Beijing Shenzhou Ruilin Environmental Technology Research Institute Co. Ltd. Mr. Zhu is currently the chairman of Jilin Shizeng Pharmaceutical Group Co. Ltd.