HNA Technology Investments Holdings Limited Announced that Mr. Xing Yi (Mr. Xing) has been appointed as a non-executive director of the company with effect from 5 July 2022. Mr. Xing has also been appointed as a member of the finance and investment committee of the company on the same date. Mr. Xing Yi The biographical details of Mr. Xing are set out below: Mr. Xing, aged 42, appointed as a non-executive director on 5 July 2022.

Mr. Xing obtained a bachelor's degree in Food Science and Engineering from the College of Food Science and Engineering, Jilin University in July 2002. From August 2006 to May 2019, Mr. Xing was working at (Shenzhen Cypress House Investment Co., Ltd) at different positions including the vice general manager and the executive partner mainly responsible for investment banking and securities related matters. Since June 2020, Mr. Xing has been a vice president at (Dongyu Film (Beijing) Group Company Limited) responsible for the investment matters.

It is proposed that Mr. Xing will enter into a letter of appointment with the company for a term of two years. Pursuant to the letter of appointment, Mr. Xing will not receive basic remuneration. The company shall reimburse Mr. Xing for all reasonable out-of-pocket costs, fees and expenses properly incurred in the performance of the duties as a director.

The board also announces that Mr. Shum Ngok Wa (Mr. Shum) has tendered his resignation as a non-executive director with effect from 5 July 2022 due to his other business commitments. Mr. Shum has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation which needs to be brought to the attention of the shareholders of the company or the Stock Exchange.