The board of directors of 360 Ludashi Holdings Limited announced that Mr. Sun Chunfeng (?Mr. Sun?) has resigned as a non-executive Director with effect from 12 June 2024 to spend more time on his personal endeavors and personal work arrangements. The Board announced that Mr. LI Xin (?Mr. Li?) has been appointed as a non-executive Director with effect from 12 June 2024. Mr. Li has approximately 13 years of experience in the software development and the Internet advertising traffic distribution industries.

From 2011 to 2013, Mr. Li founded Shanghai Tuizhong Network Technology Studio, which was mainly engaged in PC software distribution business. From 2013 to 2017, Mr. Li worked at Shanghai Gaoxin Computer System Company Limited as a project director. Since 2017, Mr. Li has been working at Shanghai Dongfangwang Digital Technology Company Limited and currently serves as project manager, operation director and deputy general manager.

Since 2020, Mr. Li has also been serving as a director of Shanghai Songmei Network Technology Company Limited, Weipin (Zhejiang) E-commerce Company Limited and Chongqing Yuepin Technology Company Limited, all of which are subsidiaries of Shanghai Dongfangwang Digital Technology Company Limited. Mr. Li is currently studying computer application technology at the University of Electronic Science and Technology of China.