The board of directors China Renaissance Holdings Limited announced that Mr. Bao Fan ("Mr. Bao") has resigned as the Chief Executive Officer of the Company with effect from February 2, 2024 for health reasons and to spend more time on his family affairs. The Board announced that, with effect from February 2, 2024, Mr. Xie Yi Jing ("Mr. Xie") was appointed as the Chairman of the Board and was re-designated from Acting Chief Executive Officer to Chief Executive Officer of the Company.