MOG Digitech Holdings Limited announced that Mr. Chen Yongzhong("Mr. Chen") has been appointed as an executive Director and Co-CEO with effect from 12 July 2024. Mr. Chen, aged 55, obtained a bachelor's degree in law from Zhejiang University in 2009. His professional background includes substantial experience in the management of insurance-related
enterprises. Prior to joining the Group, Mr. Chen held the position of general manager at AnBang Property and Casualty Insurance Co. Ltd. from 2016 to 2019. Additionally, Mr. Chen has been serving as (i) a director of Lubao Technology (Guangdong) Co. Ltd. since 2019 and (ii) a director of Zhongbao Technology Creation (Zhuhai) Company Limited ("Zhongbao Tech"), since 2021. Both entities are engaged in providing services to insurance companies, insurance intermediaries, and other participants in the insurance industry in China. Furthermore, Mr. Chen also holds approximately 27.8% shareholding in Zhongbao Tech. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024. In addition to the aforementioned, Mr. Chen has also held the position of sole director at Zhongbao Digitech (Overseas) Limited, since June 2024.