The board of directors of Huasheng International Holding Limited announced that, with effect from 30 November 2023, Mr. Wong Wai Sing ("Mr. Wong") has tendered his resignation as the executive Director and the chairman of the Board (the "Chairman") as he wishes to dedicate more time and attention to his other commitments. The Board hereby announced that, with effect from 1 December 2023, Mr. Kong Chi Keung ("Mr. Kong") has been appointed as the executive Director. The biography of Mr. Kong is set out below: Mr. Kong, aged 52, has been appointed as the executive Director and the chief operation officer of the Group with effect from 1 December 2023. Mr. Kong joined the Group since August 2012, primarily responsible for the business operation of the Group. Mr. Kong has over 20 years of experience in the fields of project management in construction industry in both Hong Kong and the People's Republic of China. Mr. Kong holds a bachelor's degree in business administration from the Hong Kong Baptist University. The Board further announces that, with effect from 1 December 2023, Mr. Li Renjie (Mr. Li) has been appointed as the non-executive Director and the Chairman. The biography of Mr. Li is set out below: Mr. Li, aged 34, has been appointed as the non-executive Director and the Chairman of the
Group with effect from 1 December 2023. Mr. Li studied in bachelor's degree of Science in Informatics from the Indiana University Bloomington. Mr. Li has extensive experience in the information technology industry. He was the chief technology officer of Hangzhou Nache Technology Co., Ltd* from May 2015 to February 2016; the chief technology officer of Hangzhou Hangdong Information Technology Co., Ltd* from April 2016 to June 2017; the
chief technology officer of Hangzhou Shushanfu Technology Co., Ltd* from August 2017 to August 2018; the chief executive officer of Hangzhou Qierudian Technology Co. Ltd. from August 2018 to June 2022 and is currently the chief executive officer of Jiaji Technbology (Jinhua) Co. Ltd.