The board of directors of Binjiang Service Group Co. Ltd. announced that Qi Jiaqi has been appointed as the non-executive director of the Company and a member of the strategy committee of the Board with effect from June 1, 2022. Qi, aged 34, has been a fund manager of China Life Franklin Asset Management Co., Limited since November 2021.

From May 2019 to November 2021, he was a macro strategist of China Life Franklin Asset Management Co., Limited. From August 2015 to July 2018, he was a lecturer of North Carolina State University, the United States of America. Qi obtained a doctoral degree from North Carolina State University, the United States of America in July 2018, a master's degree from North Carolina State University, the United States of America in December 2012 and a bachelor's degree from Zhejiang University of Finance & Economics in July 2010.

He is a licensed person for regulated activities of advising on securities (type 4) and asset management (type 9) of the Securities and Futures Commission of Hong Kong. Qi has been a director of Robust Class Limited and Binjiang Services Group (Hong Kong) Co., Limited, wholly-owned subsidiaries of the Company, since December 20, 2021. Qi has entered into a letter of appointment with the Company for an initial term of 3 years.

Pursuant to the letter of appointment, Qi will not receive any remuneration for serving as the non-executive director of the Company and a member of the Strategy Committee. He is subject to retirement and eligible for re-election in accordance with the articles of association of the Company.