The board of directors of YH Entertainment Group announced that Ms. Zhao Wenjie and Mr. Meng Qingguang have resigned as non- executive Directors with effect from June 28, 2023 in order to devote more time to their other business and personal commitments. The Board announced that with effect from June 28, 2023, Mr. Meng Jun has been appointed as a non-executive Director. Mr. Meng Jun, aged 43, has been serving as an executive director at Alibaba Pictures Group Limited since March 5, 2019 and a non-independent director of Bona Film Group Co., Limited, a company listed on the Shenzhen Stock Exchange since May 30, 2023.

Mr. Meng Jun joined Alibaba Pictures on April 9, 2018 and has been consecutively serving as the chief financial officer, executive director, and a member of the executive committee of Alibaba Pictures. Prior to that, Mr. Meng Jun served at Alibaba Group Holding Limited, with its American depositary shares listed on the New York Stock Exchange, and its ordinary shares listed on the Main Board of the Stock Exchange, where he held key financial management positions at a number of business units, including among others, Tao Dian Dian, Taobao Movie (now known as Tao Piao Piao), Tmall Supermarket and Alibaba Digital Media and Entertainment Group; he continues to hold some of these positions after joining the Alibaba Pictures. Prior to joining Alibaba Group, Mr. Meng Jun held auditing and financial advisory positions at various companies, such as Ernst & Young and IBM.

Mr. Meng Jun received his bachelor's degree in economics from Beijing Technology and Business University in July 2022.