The board of directors of China Finance Investment Holdings Limited announce that Mr. Wu Ya (?Mr. Wu?) has been appointed as a Co-Chief Executive Officer (the ?Co-CEO?) of the Company with effect from 10 January 2024. Mr. Wu, aged 44, graduated with a bachelor's degree from Communication University of China and later obtained an Executive Master of Business Administration (EMBA) degree from the Cheung Kong Graduate School of Business. From September 2001 to June 2002, he worked as a reporter for the ?News Probe?

program (of the News Commentary Department of China Central Television (?CCTV?); from July 2002 to July 2003, he worked as a reporter for CCTV's financial channel program ?Economic Half-hour? (; from August 2003 to September 2008, he held a senior management position in the Advertising Department of CCTV; and from August 2020 to July 2021, Mr. Wu served as an independent director of the eighth session of the board of directors of Shunliban Information Service Co. Ltd. He has been the chairman of the board of directors of JiWei Capital Management Co.

Ltd. since 2011 and the chairman of the board of directors of JiWei (Beijing) Cultural Tourism Holding Co. Ltd. since 2012. Mr. Wu has over 15 years of experience in government affairs, corporate management and strategic development.

He has an outstanding track record in corporate investment and financing, business mergers and acquisitions and achieving business breakthroughs. Mr. Wu will be responsible for leading the Company in business expansion, innovation, upgrading and cooperation, with a focus on cooperation with research institutes, universities, experts and enterprises in the agricultural field so as to accelerate the Company's explorations of new businesses and models in the field of modern agriculture. It is expected that Mr. Wu 's appointment will help ensure the Company 's effective coordination and arrangement of its strategies in respect of food, resources and agriculture at a broader level, and formulate and implement strategies to promote the Company's business towards stable and innovative growth.