The board of Changhong Jiahua Holdings Limited announced that, with effect from 17 March 2023, Mr. Zhao Qilin (``Mr. Zhao'') and Ms. Su Huiqing (``Ms. Su'') have been appointed as executive Directors. Mr. Zhao Qilin, aged 47, is a director of Changhong Meiling Co. Ltd. and the board secretary, general counsel, chief compliance officer, director of the board office, the head of the asset management department and the head of ESG management office of Sichuan Changhong (Shanghai Stock Exchange stock code: 600839).

He is also currently holding several positions in the Group, including the executive director of Hong Kong Industrial Co. Ltd. and Changhong Jiahua (Hong Kong) Information Products Co. Ltd., and the director of Sufficient Value Group Limited and Wide Miracle Limited.

During April 2013 to December 2020, he served as the financial controller and joint company secretary of the Company. He received his Bachelor's Degree in Economics from Southwestern University of Finance and Economics in July 1999. He has more than 23 years of experience in the field of finance and has rich experience in corporate governance.

Ms. Su Huiqing, aged 53, is the vice president of the Company and a director of each of the following subsidiaries of the Company, namely Sichuan Changhong Cloud Computing Company Limited, PT. Changhong Jiahua Information Technology Indonesia and Sichuan Changhong Cloud Service Co. Ltd. Ms. Su is also the executive vice president of each of the following subsidiaries of the Company, namely Sichuan Changhong IT Information Products Company Limited, Sichuan Changhong IT Digital Technology Co.

Ltd., Beijing Jiacun Intelligent Cloud Technology Co. Ltd., Changhong IT (Hong Kong) Information Products Co. Ltd., Sichuan Changhong IT Duolayouhuo E-Commerce Co.

Ltd., Sichuan Changhong Information Service Co. Ltd. and Beijing Changhong IT Information Technology Co. Ltd. Ms. Su is responsible for the management of human resources, operation and administration of the Group.

She holds a Bachelor's Degree in Automation from Shanghai Jiaotong University and has more than 30 years of experience in business development in the IT industry.