The board of directors of GOME Retail Holdings Limited announced the retirement of Ms. Liu Hong Yu as an independent non-executive director of the Company with effect from 1 January 2024 and the appointment of Mr. Liu Yin Hong as an independent non-executive director of the Company with effect from 1 January 2024. Mr. Liu, aged 46, obtained a bachelor's degree in Economic Law from Zhejiang University and a master's degree in International Economic Law and European Union Law from The University of Sheffield in the United Kingdom. He joined Jincheng Tongda & Neal ("JT&N") in 2004. Mr. Liu is proficient in regular legal advisory covering laws and regulations and related regulatory practice of government bodies concerning domestic and overseas listing, merger, acquisition and reorganisation, state-owned and privately owned enterprises. Mr. Liu can provide customers with all-round legal services, including the design of the overall structure, due diligence, legal opinions and business negotiation, in respect of listing, merger, acquisition, reorganisation projects. Mr. Liu is a managing partner, the head of the capital market business, the director of the Shenzhen branch and the Guangzhou branch of JT&N. For the past twenty years, he has devoted himself to the corporate and securities laws business, and has led and participated in many classic capital
market cases, involving projects of capital markets at all levels, including the Main Board, the SME Board, the ChiNext Board and the STAR Market of the PRC and main boards of exchanges of various countries overseas. Mr. Liu was named to the A-List Legal Elite for 2020 and 2021 by China Business Law Journal, recognised as a "Leading Lawyer" in the IFLR1000 Capital Markets 2021 and 2022 guide, inaugural "China Top 15 Capital Markets Lawyers" by ALB and inaugural "Elite Lawyers in the Guangdong-Hong Kong-Macao Greater Bay Area" by CLECSS. Mr. Liu has been an independent director of Shenzhen Bingchuan Network Co. Ltd., Shenzhen Zesum Technology Co. Ltd., Sansheng Intellectual Education Technology Co. Ltd. and Yeal Electric Co. Ltd. (all companies listed on Shenzhen Stock Exchange) since September 2018, August 2021, from December 2017 to August 2022 and from November 2019 to November 2022, respectively.