Jiyi Holdings Limited announced that Mr. Chen Zenghua has been appointed as an independent non-executive director, the Chairman of the Audit Committee and the members of the Remuneration Committee and Nomination Committee with effect from 29 December 2023, and Mr. Ho Hin Yip has resigned as independent non-executive director of the Company with effect from 29 December 2023, Mr. Ho has also ceased to be the member of the Audit Committee of the Company with effect from 29 December 2023. Mr. Ho has confirmed with the Board that he has no disagreement withthe Board and there are no matters regarding his resignation which need to be brought to the attention of the shareholders of the Company,Mr. Chen, aged 51, is an accomplished finance and accounting professional with a strong academic background and extensive qualifications. He has over 20 years of experience in the financial accounting and investment industries.

He holds an undergraduate degree in Finance from Dongbei University of Finance and Economics, and holds a graduation certificate in Presidential Seminar on Financial Investment and Capital Operation of the Graduate School at Shenzhen, Tsinghua University. He is an academic member of the Association of International Accountants and an international affiliate of the Hong Kong Institute of Certified Public Accountants. Prior to joining the Company, he worked at Shenzhen Huaxia CPA as an audit assistant from 1995 to 1999 and later joined Shenzhen Donghai CPA from 2000 to 2010 with the last position as the general manager.

From 2011 to 2014, he served as the Chairman of Shenzhen Fengshou Capital Investment Company . Currently, he holds the position of Executive President and Secretary-General of the Shenzhen Futian District Institute of Accountants*(), a 5A-level social organization. Mr. Chen has been recognized for his professional achievements and contributions to the industry.

He received the Certificate for High-Level Professional in Shenzhen in 2013. In 2014, his research paper was acknowledged as excellent by Tsinghua University's Shenzhen Graduate School. He was the chief editor of the "Research Report and Development Plan for the Accounting Industry in Shenzhen Futian District" which was published in 2018.

He organized four nationally influential accounting summits for the Guangdong-Hong Kong-Macao Greater Bay Area from 2018 to 2022. In 2021, he led the creation of the first high-end accounting industrial park in Guangdong, Hong Kong, and Macao Bay Area and introduced four domestic top ten accounting firms. At the same time, he participated in the preparation of "Entrepreneurial Financing" and published a number of industry papers in journals such as "Chief Financial Officer" and "Shenzhen Finance and Accounting Research". He was also awarded the honorary title of "Outstanding Accounting Worker" for the 40th anniversary of the founding of the Shenzhen Special Economic Zone by the Shenzhen Futian District Institute of Accountants.

In addition to his professional pursuits, Mr. Chen is actively involved in various honorable social roles, including but not limited to serving as a deputy to the 8th National People's Congress of Futian District, Shenzhen, a member of the 10th and 11th Chinese People's Political Consultative Conference of Jiaoling County, Guangdong Province, a supervisor of the 2nd Shenzhen Appraisal Association, and a judicial supervisor of the Futian District People's Procuratorate. Company also announced that Ms. Chong Wai Shan has been appointed as the company secretary and authorized representative of the Company, and Mr. Lo Wai Siu has resigned as the chief financial officer, company secretary and authorized representative of the Company with effect from 29 December 2023. The Board of the Company announced that Mr. Lo Wai Siu has resigned as and company secretary and will cease to act as the authorized representative of the Company as required under Rule 3.05 with effect from 29 December 2023.

Ms. Chong is responsible for overseeing various aspects of the Group, including financial and audit management, corporate finance, investment management, investor relations, administration, and company secretarial matters. She holds a bachelor's degree in business administration with a focus on accountancy from the City University of Hong Kong and is a member (Practicing) of the Hong Kong Institute of Certified Public Accountants. Ms. Chong has a wealth of experience and knowledge in financial markets, corporate and management accounting, mergers and acquisitions, investments, internal control, corporate governance, regulatory compliance, and auditing.

Prior to joining the Group, she worked in the audit and assurance department of PricewaterhouseCoopers Hong Kong and Ernst & Young, providing professional accounting, auditing, advisory, and consulting services to listed companies, multinational corporations, as well as international asset management, securities firms, and investment banks. Ms. Chong also held positions as an investment manager in a Hong Kong listed company and as the managing director and chief executive officer of a Fin- tech startup in Hong Kong. Most recently, she served as the representative and license holder of a money- lending company in Hong Kong.