China Electronics Optics Valley Union Holding Company Limited announces that Mr. Liu Guilin ("Mr. Liu") has tendered his resignation as a non-executive Director, the chairman of the Board (the "Chairman"), the chairman of the nomination committee of the Company (the "Nomination Committee"). The Board also announce that, with effect from 4 July 2024, Ms. Liu Bo ("Ms. Liu Bo") has been appointed as a non-executive Director, the Chairman, the chairman of the Nomination Committee and an Authorised Representative. Ms. Liu Bo, aged 52, graduated from Liaoning University with a Bachelor's degree in Economics in July 1994.

She has been accredited as a senior accountant. Currently, Ms. Liu Bo is the deputy general manager of China Electronics International Information Service Co. Ltd., as well as the chairman of the board of directors of Shenzhen China Electronics Electric Power Technology Co.

Ltd. Ms. Liu Bo previously served as the vice general manager, the general manager and the chairman of board of directors of China Electronics Materials Northeast Co., Ltd, the chief economist, deputy secretary of the party committee and general manager of China Electronics Materials Co., Ltd, as well as the assistant to the general manager and the vice general manager of China Ruida Investment Development Group Co. Ltd.