Besunyen Holdings Company Limited announced that Ms. Wang Di has been appointed as a deputy general manager of the Company, and has tendered her resignation as the chief financial officer of the Company, with effect from 13 December 2022. The Board also announced that Mr. Yu Hongjiang ("Mr. Yu") has been appointed as the chief financial officer of the Company with effect from 13 December 2022. Mr. Yu, aged 58, is an executive Director of the Company and the Executive Vice President and Chief Operating Officer of the Group.

Mr. Yu is also a director, a supervisor and the legal representative of several subsidiaries of the Group. Mr. Yu joined the Group in July 2000 and has more than 31 years of experience in the field of finance. Between 1987 and 1989, Mr. Yu served as a manager of the finance department at Tianjin Binhai Company Limited (now known as Tianjing Zhongxin Pharm.

Binhai Corp. Ltd.). Between 1997 and 2000, Mr. Yu worked at Beijing Green World Nutrition Health Products Co.

Ltd., a health food manufacturer, as the chief financial officer. Mr. Yu graduated from Shanxi University of Finance and Economics in 1987 and obtained a bachelor's degree in economics with a major focus in accounting. He obtained an Executive MBA degree from the National School of Development at Peking University in 2013.