On August 9, 2021, Zhongkuo Liu resigned from his position as a member of the Board of Directors of Wins Finance Holdings Inc. On August 10, 2021, the company’s Board of Directors appointed Xin He as a director of the company to fill the vacancy created by the resignation described above. Mr. He will serve on each of the Audit Committee, Nominating Committee and Compensation Committee of the Board of Directors. Mr. He Xin served as a business manager of the export department of China RailwayImport and Export Company under the Ministry of Railway from July 1992 to June 1994. From June 1994 to May 2005, he worked as a secretary of the administrative department of Shenzhen Golden Century Development Company Limited. From May 2005 to September 2009, he served as an investment manager of the international department of China Merchants Securities Company Limited. From September 2010 to March 2014, he was a vice president of Beijing Yingguxinye Investment Co. Ltd. From March 2014 to August 2016, he was director and a general manager of Ningxia Yinggu Industry Company Limited. From August 2016 to present, he has been serving as a general manager of Beijing Yingguxinye Investment Co. Ltd. Mr. He joined Tianjin TEDA Biomedical Engineering Company Limited in December 2018 and was appointed as executive director of the Company.