The board of directors of Hao Bai International (Cayman) Limited announced that the appointment of Mr. Li Ruyi as an independent non-executive Director and will serve as a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company with effect from 7 January 2022. Mr. Li Ruyi has over 12 years of work experience in the construction and engineering industries. Mr. Li has worked for, while he has also served as an engineering director, group operations director and commercial manager previously. Mr. Li has strong experience in project material management, tender process, quality control, safety and cost management in
construction related projects.