The board of directors of Quantong Holdings Limited announced that Lai Yanjun has tendered his resignation as an executive Director with effect from April 6, 2022 due to his other personal and business commitments; Xu Zhi has tendered her resignation as an executive Director with effect from April 6, 2022 due to her other personal and business commitments; and Xing Lei has tendered his resignation as a non-executive Director with effect from April 6, 2022 due his other personal and business commitments.