Yunkang Group Limited announced that Dr. Guo Yunzhao tendered his resignation as a non-executive Director with effect from August 30, 2023 in order to devote more time to his personal endeavours. The Board further announces that Mr. Yang Hongwei has tendered his resignation as an independent non-executive Director with effect from August 30, 2023 in order to personal endeavours. The Board announced that, with effect from August 30, 2023, (i) Dr. Wang Pinghuihas been appointed as a non-executive Director; and (ii) Mr. Lan Fenghu has been appointed as an independent non-executive Director.

Dr. Wang, aged 63, is currently a foreign academician of the Russian Academy of Engineering, an academician of the International Academy of Astronautics, a National Leading Talent and the executive chairman of UNIDO's Expert Committee of Global Alliance for Science, Technology and Innovation. Dr. Wang has been appointed as a non-executive Director with effect from August 30, 2023. Dr. Wang has rich experience in technological research and product development in the field of aerospace, with the major research direction being the unmanned system technology, electronic technology, information perception and processing technology.

From July 1983 to August 2005, Dr. Wang served as a senior engineer of Beijing Institute of Aerospace Systems Engineering. From August 2005 to May 2017, Dr. Wang served as a researcher of China Academy of Aerospace Electronics Technology of China Aerospace Science and Technology Corporation. Since May 2017, Dr. Wang has been serving as a professor, doctoral supervisor and director of Aerospace Technology Innovation Center at Southern University of Science and Technology .

In July 2005, Dr. Wang received his Ph.D. degree from Beijing University of Aeronautics and Astronautics . Dr. Wang has entered into a service contract with the Company for a term of three years commencing from the date of his appointment as a non-executive Director. The biographical details of Mr. Lan are as follows: Mr. Lan, aged 58, is currently a member of the 14th Chinese People's Political Consultative Conference, the chairman of New Social Class Association in Sichuan Province and the vice chairman of China Certified Tax Agents Association .

Mr. Lan has been appointed as an independent non-executive Director with effect from August 30, 2023. Mr. Lan has rich experience in taxation, finance, insurance and accounting. From July 1991 to December 1993, Mr. Lan served as an assistant lecturer at Sichuan Finance School .

From December 1993 to September 1997, Mr. Lan served as the chairman of the board of Sichuan Tai Long Industrial Co. Ltd. . From September 1997 to December 2009, Mr. Lan served as the chairman of the board of Sichuan Zhongshui Union Certified Tax Agents Co.

Ltd. . Since December 2009, Mr. Lan has been serving as the president of UniTax Certified Tax Agent Co. Ltd., and since March 2010, Mr. Lan has been serving as the chairman of the board of UniTax (Sichuan) Certified Tax Agent Co.

Ltd. . In July 1991, Mr. Lan received his bachelor ' s degree from Central Institute of Finance and Economics (renamed as Central University of Finance and Economics in May 1996). In July 2008, Mr. Lan received his executive master of business administration degree from Peking University.

In 1997, Mr. Lan was qualified as a Chinese Certified Tax Agent . Mr. Lan has entered into a letter of appointment with the Company for a term of three years commencing from the date of his appointment as an independent non-executive Director. CHANGE IN COMPOSITION OF AUDIT COMMITTEE: The Board further announces that, following the resignation of Dr. Guo, Dr. Guo has ceased to be the audit committee of the Company.

Dr. Wang Ruihua, a non-executive Director, has been appointed as a member of the Audit Committee with effect from August 30, 2023.