The board of directors of Hao Bai International (Cayman) Limited announces that Ms. Wang Rui ("Ms. Wang") has resigned as an executive Director of the Company, with effect from 28 April 2022 as she would like to spend more time to pursue other personal development. Ms. Wang has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that needs to be brought to the attention of the shareholders of the Company.