GoFintech Innovation Limited announce that Dr. NIE Riming has been appointed as a non-executive Director with effect from 30 October 2023. Dr. Nie, aged 42, graduated from Zhejiang University in 2005 with a bachelor's degree in Engineering and further obtained a master's degree in Business Administration from Fudan University in 2014 and a Ph.D. in Economics from Fudan University in 2021. Dr. Nie is currently the vice president and a researcher at the Shanghai Institute of Finance and Law.

He was also a visiting senior research assistant of Hong Kong Baptist University (School of Business) in March 2013. Dr. Nie has over 15 years of experience in finance and economics. Since November 2018, Dr. Nie has served as a director of Purekind Fund Management Co.

Ltd. From December 2015 to October 2016, Dr. Nie was a supervisor of Bestone Asset Management Corporation Limited. The Company has entered into a letter of appointment with Dr. Nie for an initial term of 12 months with effect from the date of his appointment subject to the terms of renewal contained therein and retirement by rotation and re-election in accordance with the articles of association of the Company. Dr. Nie will hold office until the next annual general meeting of the Company and be eligible for re-election at the meeting.

Dr. Nie is entitled to a remuneration of HKD 180,000 per annum which was determined and approved by the remuneration committee of the Board and the Board with reference to his duties, work experience, responsibilities, the Company's performance as well as the prevailing market conditions.