Shanghai International Shanghai Growth Investment Limited announced the appointment of Mr. ZHAO Tian ("Mr. Zhao") as an executive director of the Company effective 28 June 2021. Mr. Zhao, has been appointed the Managing Director of Shanghai International Asset Management (Hong Kong) Company Limited ("SIAM"), the investment manager of the Company, since October 2020. He has been a member of the investment committee of the Company since October 2020. The Board hereby also announced that with effect from 28 June 2021, Mr. Zhao has been appointed as a member of the Remuneration Committee.