On June 21, 2024, Chenghe Acquisition I Co. received a notice from Zhiyang Zhou, who served as the Chief Executive Officer (?CEO?) and the Chief Financial Officer (?CFO?) of the Company, of her decision to resign as the CEO and the CFO of the Company due to personal reason, effectively immediately. On June 27, 2024, the board of directors of the Company appointed, effective as of June 24, 2024, Yixuan Yuan as CEO of the Company.

Yixuan Yuan, aged 31, specializes in capital markets transactions in Hong Kong, the United States and other markets. Having worked on around fifty capital markets deals throughout her career, she has extensive experience in the TMT, healthcare, consumer, industrial and real estate sectors. Ms. Yuan has served as a Managing Director of Chenghe Group Ltd. since February 2024.

Prior to that, Ms. Yuan spent eight years in the investment bank industry with a focus on clients in Greater China and Asia generally. Specifically, Ms. Yuan served Credit Suisse as a Vice President from January 2023 to February 2024, as an Associate from July 2019 to December 2022 and as an Analyst from October 2017 to June 2019. Prior to joining Credit Suisse, Ms. Yuan served BNP Paribas as an Analyst from July 2016 to August 2017.

Ms. Yuan holds a Bachelor of Business Administration, with a major in Finance and a minor in Mathematics from the Hong Kong University of Science and Technology, as well as a Master of Corporate and Financial Law from The University of Hong Kong.