Kirin Group Holdings Limited announced that Mr. Zhang Yang ("Mr. Zhang") has been appointed as an executive Director with effect from 18 November 2021. Mr. Zhang has more than 15 years of experience in new consumption, smart retail and communication technology in the People's Republic of China (the "PRC"). Mr. Zhang is the founder, chairman and general manager of Beijing Shuoyibuer Technology Company Limited, which is a smart retail coffee machines operator in the PRC. He worked as the head of terminal sales in China Mobile Communication Group Company Limited, managed with more than 10,000 terminal stores and more than 30 million users.