Beijing Fourth Paradigm Technology Co., Ltd. announced that with effect from June 20, 2024, Ms. Guo Qingyuan (Ms. Guo) has been appointed as the acting chief financial officer of the company until the selection and confirmation of the chief financial officer candidate by the company. Mr. Yu Zhonghao (Mr. Yu) has been promoted to the position of vice chairman with effect from June 20, 2024 to assist Dr. Dai Wenyuan, the chairman, in making major strategic decisions and plans of the Company, managing the Company's business operations and promoting the company's sustainable development. Mr. Yu ceased to hold the position of chief financial officer of the company and continues to serve as an executive director of the company.

Ms. Guo, aged 35, is and will continue to be the vice president and secretary to the board of directors of the company and is responsible for the capital market operations, investor relations, public relations and board-related matters of the company. Ms. Guo joined the company in November 2023.