The board of Directors of Lvji Technology Holdings Inc. announced that, with effect from 15 August 2022, Mr. Wang Lei has been appointed as the vice chairman of the Board. Mr. Wang, aged 38, is an executive Director appointed on 7 July 2021 and is the head of the Group's operation and management department for tourist attractions. From June 2018 to May 2019, he served as the senior investment director of Shanghai Joyu Tourism and Investment Co.

Ltd. From May 2015 to May 2018, he served as the general manager of the investment department and the airlines and travel business department of Air Guilin Airlines & Tourism Group. From July 2008 to May 2015, he worked for Guilin Tourism Development Corporation, successively served as archive secretary, deputy director of the general office and director of the office of the board of directors; he also held positions in various subsidiaries, such as deputy general manager of the project company for Guilin Seven Star Park, general manager of the project company for Guilin Reed Flute Cave Attractions, chairman of the board of directors and general manager of Guilin Tourism Development and Investment Co. Ltd. Mr. Wang obtained a bachelor's degree in management from Guilin University of Technology in 2008 and a master's degree in hotel and tourism management from the Hong Kong Polytechnic University in 2019.

Mr. Wang joined the Group as the senior investment director of the Group's investment and acquisition department in June 2019.