On June 21, 2024, Chenghe Acquisition I Co. received a notice from Zhiyang Zhou, who served as the Chief Executive Officer (?CEO?) and the Chief Financial Officer (?CFO?) of the Company, of her decision to resign as the CEO and the CFO of the Company due to personal reason, effectively immediately. On June 27, 2024, the board of directors of the Company appointed, effective as of June 24, 2024, Zhaohai Wang as CFO of the Company.

Zhaohai Wang, aged 25, has considerable experience and in-depth knowledge in finance and investment. Mr. Wang has served as an associate at Chenghe Capital Management Limited since March 2023. Prior to that, he served as Client Manager at the Retail Finance Department of China Merchants Bank from August 2020 to May 2021, managing more than 700 client accounts with an AUM of over RMB300 million and advising clients with respect to investment strategy and portfolio.

Mr. Wang received a Bachelor of Engineering degree from Northwestern Polytechnical University in China and a master degree in Finance from The University of Hong Kong.