The board of directors of Huazhang Technology Holding Limited announced that Mr. Shi Chenghu has been appointed as a non-executive director of the Company with effect from 27 April 2021: Mr. Shi (aged 46) is the founding partner and the chief executive officer of BANDS Financial Limited ("BANDS"), which is a commodity and financial futures broker based in Hong Kong. BANDS currently holds type 2 (dealings in futures contracts) licence under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO") and Mr. Shi is currently a responsible officer to carry out type 2 (dealing in futures contracts) (since October 2015) regulated activities under the SFO.