The board of directors of Bairong Inc. announced that Ms. Han Kui Fang has been appointed as an executive Director with effect from July 11, 2024. Ms. Han, aged 48, joined the Company in February 2018 and currently serves as the senior director of operations. She has extensive experience in the areas of company operations management and customer service quality management.

She is responsible for the design and operation of the Company's overall operational system, ensuring optimal efficiency under cost control, as well as establishing a full-process customer service and quality management system to improve the Company's customer satisfaction. She worked at Beijing Baifendian Technology Co. Ltd. from December 2011 to February 2016 and was responsible for formulating user operation strategies and establishing a full-process customer service system.

Prior to that, she served as the testing manager of Autohome Inc. from October 2004 to November 2011. Ms. Han received her bachelor's degree in computer science and applications from Peking University in 2007, master's degree in management psychology from University of Hong Kong in 2021 and MBA degree from Renmin University of China in 2022.