The board of directors of China Ecotourism Group Limited announced that Mr. Duan Xinxiao is appointed as an independent non-executive director of the Company ("Independent Non-executive Director"); and a member of each of the Audit Committee of the Company (the "Audit Committee"), the Remuneration Committee of the Company (the "Remuneration Committee") and the Nomination Committee of the Company (the "Nomination Committee") with effect from 12 January 2024. Mr. Duan, aged 42, is currently the chairman of Tiancai Holdings (Shenzhen) Group Co. Ltd. and is responsible for the group's strategic planning and decision-making.

Mr. Duan holds qualifications in Economics and Management at Southwest University of Science and Technology and Finance at Shenzhen University, and is a senior researcher at Guangdong Provincial Institute of Rural Entrepreneurship and Innovation. Mr. Duan served as the chairman of Shenzhen Jiuyang Daming Industrial Co. Ltd. from 2010 to 2012; from 2012 to 2019, he served as the chairman of Shenzhen Guangda Oriental Investment Management Co.

Ltd.; from 2019 to 2020, he served as the vice president of China Tongtine Wines Group Limited, a company listed on Hong Kong Stock Exchange; from February 2022 to May 2023, he served as an independent director of Liaoning SG Automotive Group Co. Ltd. (stock code: 600303), a company listed on the Shanghai Stock Exchange. Save as disclosed in this announcement, Mr. Duan has not held any directorship in any other listed companies in the past three years.