China Shun Ke Long Holdings Limited's Board announced that, with effect from 25 February 2022, Mr. Shang Duoxu ("Mr. Shang") has been appointed as the Chairman and an executive Director of the Company. Mr. Shang, aged 35, has been serving various positions amongst the Company's controlling shareholders, including as the chairman of the board of directors of CCOOP Group, since January 2022 and a financial controller of Non-Aviation Asset Management Division of HNA Group Co. Ltd. since October 2019.

The Board announced that, with effect from 25 February 2022, Ms. Wang H. has been appointed as a non-executive Director of the Company. Ms. Wang H., aged 47, served as the Chief Financial Officer of the Company between 5 August 2020 and 25 February 2022. The Board announced that, with effect from 25 February 2022, Ms. Wang Yanfen ("Ms. Wang Y.") has been appointed as the deputy Chief Executive Officer of the Company and is responsible for the business operations of the Company and its subsidiaries.

The Board also announced that with effect from 25 February 2022, Mr. Shang has been appointed as a member of the remuneration committee of the Company (the "Remuneration Committee") and the chairman of the nomination committee of the Company (the "Nomination Committee").