Hisense Home Appliances Group Co., Ltd. announced that due to job rearrangement, Mr. Dai Hui Zhong (Mr. Dai), the chairman of the Company and the President, has ceased to be the president of the company with effect from 28 February 2023. The Board announced that Mr. Hu Jian Yong (Mr. Hu) has been appointed as the President with effect from 28 February 2023 until the end of the eleventh session of the Board (that is, 24 June 2024). In addition to the appointment of Mr. Hu as the President, the Board further announced that Mr. Hu has been nominated as an executive Director of the eleventh session of the Board, his appointment is subject to approval by the Shareholders at a general meeting to be held by the Company.

Mr. Hu, aged 48, holds a Bachelor's degree in electromagnetic measurement and instrumentation from Xi'an Jiaotong University and served successively as the general manager of Tianjin branch, Luohe branch, Kunming branch and Shanghai branch of Hisense Electric Co., Ltd. (now renamed as Hisense Visual Technology Co., Ltd., "Hisense Visual"). Mr. Hu was the deputy general manager of Hisense Visual from March 2017 to October 2018, the deputy general manager of Qingdao Hisense Business Development Company Ltd. (now renamed as Hisense Marketing Management Company Ltd., "Hisense Marketing Management") from October 2018 to December 2018, the assistant general manager of Hisense Marketing Management from December 2018 to July 2019 and the vice president of Hisense Marketing Management from July 2019 to June 2021. He was the vice president of Hisense Visual from June 2021 to February 2023.

If Mr. Hu is appointed as an executive Director at the General Meeting, he will enter into a director's service contract with the company and his tenure will commence from the date of the General Meeting until the end of the eleventh session of the Board (that is, 24 June 2024).