The board of directors of Qidian International Co., Ltd. announced that Mr. Zhuang Liangbao has been appointed as an executive Director of the Company with effect from 28 August 2023. Mr. Zhuang, aged 61, is currently the executive director and chief financial officer of Shenzhen Qidian Education Technology Co., Ltd. Prior to joining the Group, Mr. Zhuang served as a secretary to the board, a deputy general manager and a director of Beijing Shengshang Entrepreneurial Technology Co., Ltd. from November 2020 to July 2023. He held the positions as a deputy general manager and a director of Suzhou Gold Mantis Construction Decoration Co., Ltd. from April 2004 to April 2013.

From December 2000 to September 2003, Mr. Zhuang worked as the board secretary, head of finance department and deputy general manager at Zhejiang Huahai Pharmaceutical Co., Ltd. From October 1995 to December 2000, he served as the finance manager and finance director at Suzhou New District Hi-Tech Industrial Co., Ltd. Mr. Zhuang was the director of Suzhou Jinchi Commercial Development Co., Ltd., which was established in the PRC and was deregistered on 14 December 2010. Mr. Zhuang received a master?s degree in Regional Economics at East China Normal University in July 2001. Mr. Zhuang has been a certified public accountant in the People?s Republic of China (the ?PRC?) since October 1994 and has held the title of a senior economist since October 2010.