The board of directors of the Gaodi Holdings Limited announced that Mr. Hong Jixiang has been appointed as the Executive Director of the Company with effect from 21 June 2024. Mr. Hong Jixiang (? Mr. Hong ?), aged 36, Mr. Hong graduated from the Beijing Jiaotong University, majoring in project management.

Mr. Hong served as the general manager of Shenzhen Yiqixin Electronic Technology Co. Ltd. (?Yiqixin Electronic?) and has many years of experience in business management, especially in fields of electronics engineering. Mr. Hong was responsible for formulating the development strategy and business plan management of Yiqixin Electronic.

The Board announced that Mr. Chen Futian (?Mr. Chen?) resigned as non-executive director of the Company (?Non-Executive Director?) with effect from 21 June 2024 in order to devote more time to his personal endeavours. Mr. Chen has confirmed that he has no disagreement with the Board and there are no matters in relation to his resignation which should be brought to the attention of the Shareholders. The Board is also not aware of any such matters in relation to the resignation of Mr. Chen that need to be brought to the attention of the Shareholders.