The board of directors of Yashili International Holdings Ltd. announced that on March 9, 2023, Mr. Qin Peng (Mr. Qin) and Mr. Gu Peiji (alias Philip Gu) (Mr. Gu) have tendered their resignation as non-executive directors and members of the relevant board committee of the company with immediate effect as a result of the completion of the 25% Yashili Acquisition. Upon the resignation of Mr. Qin, he will cease to be a member of the remuneration committee of the Company.