The board of directors of Zero2IPO Holdings Inc. announced that Mr. XU Shaochun has tendered his resignation as an independent non-executive Director of the Company, the chairman of the remuneration committee of the Company and a member of the audit committee of the Company, all with effect from June 6, 2022. The Board also announced that Mr. HUANG Xubin has been appointed as an independent non-executive Director of the Company, the chairman of the Remuneration Committee and a member of the Audit Committee, all with effect from June 6, 2022. Mr. Huang, aged 56, was appointed as an independent non-executive Director on June 6, 2022.

Mr. Huang has been serving as a director of Zhejiang Red Dragonfly Footwear Co. Ltd., since September 2021, and as an independent director of Rootcloud Technology Co. Ltd. since March 2021.

He successively served as vice president and rotating chairman of the board at Cedar Holdings Group Co. Ltd. from January 2019 to June 2020. Mr. Huang served as a non-executive director of Bank of Shanghai Co.

Ltd., from August 2015 to January 2019. He also successively worked in various positions at TCL Technology Group Corporation, from March 2001 to January 2019 including executive director and chief financial officer. Prior to that, Mr. Huang worked at Guangzhou office of China Cinda Asset Management Co.

Ltd. from September 1999 to March 2001. From July 1990 to August 1993 and from May 1995 to September 1999, he worked at Guangdong branch of China Construction Bank. He worked at Guangzhou branch of Guotai Securities Co.

Ltd. From August 1993 to May 1995. Mr. Huang obtained a bachelor's degree in economics from Hunan University in July 1987. He further obtained a master's degree in economics from the Chinese Academy of Fiscal Sciences in July 1990, and an MBA degree from China Europe International Business School in September 2010.