Kong Sun Holdings Limited announces that Mr. Wang Shaoyuan has tendered his resignation as the chief financial officer of the Company with effect from 9 May 2023 in order to devote more time to his personal matters. Following Mr. Wang's resignation as the Chief Financial Officer, Ms. Li Na, has been appointed as the Chief Financial Officer with effect from 9 May 2023. Ms. Li Na, aged 41, graduated from Hunan Normal University with a bachelor's degree in accountancy and is a certified public accountant in the People's Republic of China.

Ms. Li was the financial controller of (Kong Sun Baoyuan International Financial Leasing Limited), an associate of the Company, during the period from November 2019 to April 2023. Prior to that, Ms. Li worked as finance manager and other positions in various private companies. She has more than 14 years of experiences in the accounting and finance industry.