The Board of Zhongguancun Science-Tech Leasing Co., Ltd. announced that at the Annual General Meeting held on May 10, 2024 approved To consider and approve the appointment of Mr. HUANG Jinliang as a non-executive director of the Company. Mr. Huang will report to the Beijing Municipal Bureau of Local Financial Regulation and Supervision for approval of his director's qualification, and his term of office shall commence from obtaining the approval for the position of director of the Beijing Municipal Bureau of Local Financial Regulation and Supervision until the conclusion of the second session of the Board of Directors (being January 19, 2026). Mr. Huang will enter into a service contract with the Company after his formal appointments and/or obtaining the approval of director's qualification from Beijing Municipal Bureau of Local Financial Regulation and Supervision.

Mr. Huang may be re-elected upon expiry of his term of office pursuant to the Articles of Association. Mr. Huang will not receive any Director's fee from the Company.