The board of directors of Suoxinda Holdings Limited announced that, with effect from 26 August 2022, Mr. Yang Haifeng has been appointed as an independent non-executive Director, the chairman of the remuneration committee, and a member of the audit committee and the Nomination Committee of the Company. Mr. Yang, aged 48, graduated from Zhejiang University of Technology* in January 2008 through distance learning with a major in accounting, and obtained a master degree in professional accounting from The Chinese University of Hong Kong in November 2018. He has been a member of the Chinese Institute of Certified Public Accountants since May 2004, and a fellow member of CPA Australia since September 2018.

Mr. Yang has extensive experience in auditing. Mr. Yang served in Linuo Group Co. Ltd. from August 2005 to February 2008 with his last position as a senior auditor, in the Shanghai branch of Tianhua Certified Public Accountants Co.

Ltd. from March 2008 to July 2009 with his last position as a senior manager, in the Shanghai branch of Jingdu Tianhua Certified Public Accountants Co. Ltd. as a senior manager from August 2009 to August 2012, in the Shanghai branch of Ruihua Certified Public Accountants (Special General Partnership) from September 2012 to April 2019 with his last position as a partner, and in the Shanghai Branch of ShineWing Certified Public Accountants (Special General Partnership) as a partner since May 2019. The Board further announces that, with effect from 26 August 2022, Ms. Yang Juan ("Ms. Yang") has been appointed in replacement of Mr. Wong Tin Yu ("Mr. Wong") to act in the following capacities: (a) company secretary; and (b) authorized representative pursuant to Rule 3.05 of the Listing Rules.

Ms. Yang Juan, aged 36, is the board secretary of the Group and was appointed as the company secretary of the Company on 26 August 2022. Ms. Yang has over 10 years of relevant working experience as a board secretary. She joined the Group in April 2017 and is responsible for the disclosure of information of the Group 's subsidiaries on the National Equities Exchange and Quotations, the preparation of the Company for listing on the Main Board of the Stock Exchange and the disclosure and capital operation related matters after the listing.

Ms. Yang obtained a bachelor's degree in management specializing in accounting from Southwest University in June 2009, a master's degree in business administration from Hong Kong Baptist University in November 2014 and a master's degree in corporate governance from Hong Kong Metropolitan University in March 2022, and was admitted as a member of the Hong Kong Chartered Governance Institute and granted a chartered secretary and chartered governance professional in June 2022. Ms. Yang passed the qualification examination of the Shenzhen Stock Exchange and Shanghai Stock Exchange in October 2014 and January 2017 respectively and was issued a certificate of board secretary. She also obtained the second training certificate for Mainland enterprises preparing for listing in Hong Kong jointly issued by the Hong Kong Exchanges and Clearing Limited and the China Business Centre of The Hong Kong Polytechnic University in December 2014.

The Board further announces that, with effect from 26 August 2022, Dr. Chen Wei has resigned as the chairman of the Remuneration Committee, and has been appointed as the chairman of the Nomination Committee. Following the appointment of Dr. Chen Wei as the chairman of the Nomination Committee and the appointment of Mr. Yang as an independent non-executive Director, the chairman of the Remuneration Committee and a member of the Audit Committee and the Nomination Committee with effect from 26 August 2022, the Company is in compliance with the requirements under Rules 3.10(1), 3.21 and 3.27A of the Listing Rules.