Qilian International Holding Group Limited announced on May 31, 2024, Ms. Haiping Shi notified the company of her resignation as the chief financial officer of the company (the CFO), effective immediately. She has advised that her 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. To fill in the vacancy created by the resignation of Ms. Haiping Shi, on May 31, 2024, the board appointed Ms. Yaxuan Zhai to serve the CFO of the company, effective immediately.

Ms. Yaxuan Zhai, aged 29, has been the finance manager at the Company since October 2023. She worked as an auditor at Baker Tilly China Certified Public Accountants from November 2022 to October 2023. Ms. Zhai obtained her bachelor?s degree in Investment from Fujian Jiangxia University in 2018 and her master?s degree in Finance from The University of Sheffield in 2021.