The board of GSN Corporations Limited announced that Mr. Zhang Qing, the chairman of the Board and an executive Director, has resigned as the Chairman to focus on the business development of the Group, which takes effect from 13 September 2021. Mr. Zhang will continue to serve as an executive director of the Company after the aforementioned resignation. Following the resignation of Mr. Zhang as the Chairman, the Company will convene a Board meeting to elect a new chairman as soon as possible and will make further announcement upon such appointment.