Pintec Technology Holdings Limited announced the appointment of Dr. Victor Huike Li as chief executive officer of the Company, effective immediately. Mr. Wei Wei, who has been on a medical leave of absence since September 2019, has tendered his resignation as the Company’s chief executive officer for health reasons, and Mr. Jun Dong has resigned from his position as PINTEC’s acting chief executive officer as a result of Dr. Li’s appointment. Both Mr. Wei and Mr. Dong will continue to serve on the board of directors of the Company following their resignations from the Company’s management. In addition, Ms. Xiaomei Peng has resigned from the Board due to personal reasons. Dr. Victor Huike Li is a serial entrepreneur and IT industry veteran, with more than 20 years of experience in building and commercializing cutting-edge technologies. Dr. Li has held multiple senior executive positions in both China and Australia, accumulating a comprehensive set of industry experiences in such areas as R&D, consulting, business development, and management. Dr. Li was the founder and CEO of VanceInfo Technologies Australia Inc., wherein he established the first China-based IT services firm in Australia and drove its expansion across the Asia-Pacific region. Dr. Li was also the co-founder of InfraRisk.