The board of directors of Huize Holding Limited appointed Mr. Ronald Tam as the Chief Strategy Officer of the Company, effective as of April 30, 2020, upon which Mr. Tam will oversee the Company’s M&A, investments and capital markets matters. Mr. Tam currently serves as the Company’s head of investor relations. Mr. Cunjun Ma, the Company’s Founder, Chairman and Chief Executive Officer, expressed on behalf of the board of directors the confidence that Mr. Tam with rich capital markets experience will be a valuable addition to the Company’s management team in his new role. Mr. Ronald Tam joined the Company as head of investor relations in March 2020. Mr. Tam has over 15 years of experience in driving and executing corporate strategy, strategic investments, mergers and acquisitions and capital markets transactions. Prior to joining the company's, Mr. Tam served as the Chief Financial Officer of Chong Sing Holdings FinTech Group Limited, from 2016 to 2019, and Vice President of Corporate Finance from 2014 to 2016.