The board of directors (the "Board") of AAC Technologies Holdings Inc. announced that, with effect from 1 January 2021, Mr. Pan Kaitai, the current Chief Innovative Officer of the Company, will also serve as the Executive Vice President of the Company and be responsible for overall operation and management of the Group. Mr. Pan Kaitai will report directly to the Chief Executive Officer of the Company. Mr. Pan Kaita joined the Company in March 2014. On 24 August 2019, he was appointed as the Chief Innovation Officer of the Company. Mr. Pan Kaitai also serves as director of certain subsidiaries of the Company, including AAC Optics (Changzhou) Co. Ltd.