On July 5, 2024, Nature Wood Group Limited announced that Mr. Hubei Song has been appointed as the chief executive officer of the Company (?CEO?) to succeed Mr. Jianjun Zeng, who is stepping down as CEO due to health reasons. Mr. Zeng will act as a consultant of the Company following his resignation as CEO. Mr. Zeng has confirmed that his decision to resign did not result from any disagreement with the Company.

Mr. Song, aged 44, has over 20 years of experience in the wood industry. He was employed by Nature Home (China) Co. Ltd. from 2004 to 2018 with his last position as the deputy general manager of the supply chain center of the company.

He was primarily responsible for overseeing the management and operation of the supply chain. From 2019 to 2020, he was the executive vice president of the Company, and was responsible for overseeing the business development and operation of the Group. From 2021 to May 2024, he served as the deputy general manager of the production center of Nature Home (China) Co.

Ltd. and was primarily responsible for strategic production planning. Mr. Song obtained an undergraduate degree in business philosophy from Peking University Shenzhen Graduate School.