The Board of Haidilao International Holding Ltd. announced that Ms. June Yang Lijuan resigned as the chief executive officer of the Company with effect from July 1, 2024 in order to devote more attention to her other business commitment. The Company was notified that Ms. Yang will join SUPER HI INTERNATIONAL HOLDING LTD. with effect from July 1, 2024. The Board is announced that Mr. Gou Yiqun has been appointed as the chief executive officer of the Company, with effect from July 1, 2024. Mr. Gou Yiqun, aged 51, has been a pivotal member of the Group since January 2000, bringing over 24 years of industry and management experience. He has excelled in various leadership roles, significantly enhancing company's financial strategies, supply chain efficiency and digital operations. His deep understanding of industry dynamics and expert navigation of complex financial landscapes have been instrumental in company's strategic growth and operational excellence. Throughout his tenure with the Group, Mr. Gou has ascended through various positions including but not limited to chief financial officer, head of information technology, head of supply chain and procurement management of Haidilao, etc. contributing significantly to company's operations and strategies. Prior to his appointment as the chief executive officer of the Company, Mr. Gou was deputy general manager responsible for the investment business. In addition, Mr. Gou has been serving as the chairman of Shuhai (Beijing) Supply Chain Management Co. Ltd. ("Shuhai") since February 2023. He also held the position of chairman at Shuhai previously, from July 2011 to December 2018. Mr. Gou also acted as a non-executive director at Yihai International Holding Ltd., from October 2013 to March 2018, chaired its board of directors from March 2016 to November 2017, and served as a member of its remuneration committee from March 2016 to March 2018 and the chairman of its audit committee from July 2016 to November 2017. Mr. Gou's extensive background also includes several key positions at Sichuan Haidilao Catering Co. Ltd., formerly known as Sichuan Jianyang Haidilao Catering Co. Ltd., where he served as the financial officer from December 2001 to June 2009, the chief financial officer and vice general manager from July 2009 to December 2014, and as a director from July 2009 to May 2022. Mr. Gou completed his study in commodity business at Shaanxi Commerce College in July 1993 and received an executive master of business administration degree from Renmin University of China in June 2010. During Ms. Yang ' s tenure as an chief executive officer, she demonstrated exceptional leadership and decision-making capabilities. Despite the challenges posed by the COVID-19 pandemic, Ms. Yang led the Group to not only meet but exceed expectations
with the successful and timely completion of the "Woodpecker" and "Hard Bone" plans. Under her guidance, the Group adopted systematic management practices, process-oriented operations and data-driven assessments strategies, achieving a unified and flexible response to market changes. The Group is now on a positive trajectory, well-positioned for sustainable growth, thanks in large part to Ms. Yang's leadership, which has earned widespread recognition and appreciation across the Company, including the Board, employees, and Shareholders. As the Company moves into its next development stage, the Group will refine the core business while advancing entrepreneurship, innovation and digitalization. Mr. Gou, one of the Group's earliest employees, will spearhead these initiatives, focusing on the stable and sustainable growth. Like Ms. Yang, Mr. Gou has witnessed the Group's evolution firsthand, gaining a deep understanding of the Group's strategic direction, business environment, management philosophy, and core values. His extensive experience in strategic decision-making, corporate management, supply chain oversight, and collaborative development positions him ideally for leading the Group's transformative efforts. Under Mr. Gou's leadership, the Company has established two pivotal committees: the Innovation and Entrepreneurship Committee and the Digital Operations Committee. The Innovation and Entrepreneurship Committee aims to develop new innovative models and incentive mechanisms to guide the Company's future in multi-level and multi-category directions, laying the groundwork for a diversified business model and boosting innovation at all levels of the Group. Meanwhile, the Digital Operations Committee leverages digital technologies, including artificial intelligence, to enhance management efficiency and support operational models like multi-store and dual- management systems. This integration of advanced technologies is crucial in improving operational efficiency and preparing the Company for future multi-store connectivity and collaborative management. Both committees are staffed with outstanding young managerial talent selected from the front lines, reflecting the Group's commitment to nurturing future leaders and fostering talent development within the Group. These efforts underscore the Company's dedication to not only refining its core business but also advancing digitalization, entrepreneurship and innovation, ensuring that it remains at the forefront of industry evolution.