Qilian International Holding Group Limited announced on May 31, 2024, Mr. Zhanchang Xin notified the company of his resignation as the chief executive officer of the company (the CEO), effective immediately. He has advised that his resignation was due to personal reasons and not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the company. Mr. Zhanchang Xin will remain as the chairman of the board of the company.

To fill in the vacancy created by the resignation of Mr. Zhanchang Xin, on May 31, 2024, the board appointed Mr. Chen Xin to serve the CEO of the company, effective immediately. Mr. Chen Xin, aged 31, was workding as an algorithm engineer at Geely Auti Holdings Limited from August 2022 to February 2024, where he led a team in developing perception algorithms for autonomous driving systems. From June 2021 to August 2022, he was an algorithm engineer at Shenzhen DJ Innovatives, where he engineered on image processing algorithms for autonomous driving vehicles. Mr. Xin obtained his bachelor?s degree in Physics from Sichuan University in 2016 and his master?s degree in Physics from National University of Singapore in 2019.