HTSC announced that On October 29, 2021, the Supervisory Committee received the written resignation application from Mr. Zhai Jun, the chairman of the Supervisory Committee and the Employee Representative Supervisor. Due to the change of work arrangement, Mr. Zhai Jun has tendered his resignation as the Chairman of the fifth session of the Supervisory Committee and the Employee Representative Supervisor. On the same day, the Supervisory Committee received a Notice on the Election Results for New Employee Supervisor of the Fifth Session of the Supervisory Committee from the Employee Representatives' Meeting, at which Ms. Wang Juan was elected as the Employee Representative Supervisor for the fifth session of the Supervisory Committee of the Company. Ms. Wang Juan will enter into a service contract with the Company to replace Mr. Zhai Jun from October 29, 2021 in performing the duties of Employee Representative Supervisor of the fifth session of the Supervisory Committee of the Company, until the end of the term of the fifth session of the Supervisory Committee. From October 2019 to July 2020, Ms. Wang served as the director of the Party-Masses Work Department of Jiangsu Cultural Investment & Management Group Co., Ltd; since July 2020, she has been the Deputy Director of the Office of the Company.