The board of directors of Besunyen Holdings Company Limited announced that Mr. MOU Wenjun has tendered his resignation as an independent non-executive Director, a member and the chairman of the nomination committee and a member of the audit committee, the remuneration committee and the strategic investment committee of the Company with effect from 31 May 2023 due to his personal family reasons. Mr. Mou has confirmed to the Board that he has no disagreement with the Board and there is no other matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board also announces that Mr. SHI Xiangxin has been appointed as an independent non-executive Director, a member and the chairman of the nomination committee and a member of the audit committee and the remuneration committee of the Company with effect from 31 May 2023.

Mr. Shi, aged 66, is the chairman of Beijing Daston Science Co. Ltd. since July 2005. Between May 1995 and December 2005, he served as a vice president of Beijing Huaxun Group.

Mr. Shi is an independent director of Goodwill E-Health Info Co. Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 688246). He has served as an independent director of Nancal Technology Co.

Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 603859), Jiangsu Yunyong Electronics and Technology Co. Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 688060) and Beijing Hisign Technology Co. Ltd. (a company listed on the National Equities Exchange and Quotations, stock code: 430021).

Mr. Shi obtained a MBA degree from the National School of Development at Peking University in 2002.