China Health Technology Group Holding Company Limited announced that following the resignation of Mr. Chan Wai Lung as an executive Director, the Board announced that Mr. Chan has resigned as the chief executive officer of the Company (the "Chief Executive Officer") with effect from 29 January 2024. The Board announced that Mr. Wang Yibin ("Mr. Wang") has been appointed as the Chief Executive Officer with effect from 29 January 2024. The biography of Mr. Wang is as follows: Mr. Wang, aged 55, was appointed as an independent non-executive Director on 30 June 2022 and was re-designated as an executive Director on 19 May 2023.

Mr. Wang has more than 19 years of experiences in banking, insurance, fund investment and securities management. He had worked as a chief executive officer and a general manager of Bensun Plastic Metal Products Co. Ltd. for more than 10 years.

Mr. Wang obtained a bachelor's degree in Business Administration from Henan University of Economics and Law in 1994.