The board of directors of IBO Technology Company Limited announced that Mr. Gao Weilong, the chief executive officer and an executive Director, has been appointed as the deputy chairman of the Company with effect from 24 September 2021. Mr. Gao, aged 51, is the chief executive officer and an executive Director, a member of the remuneration committee of the Company, the deputy director of the Investment Decision-making Committee and the director of the Performance Review Committee. He is responsible for overall management of the Group.