The board of directors of Suoxinda Holdings Limited announced the following changes in members of the Board and composition of the audit committee of the Company (the "Audit Committee") and the remuneration committee of the Company (the "Remuneration Committee"). The Board announces that with effect from 6 January 2023: Mr. Song Hongtao ("Mr. Song") has resigned as an executive Director in order to devote more time to his other personal engagements; and Mr. Tu Xinchun ("Mr. Tu") has resigned as an independent non-executive Director in order to devote more time to his other personal engagements. The Board announces that Ms. Dan Xi ("Ms. Dan") has been appointed as an independent non-executive Director with effect from 6 January 2023. Ms. Dan, aged 33, received her double degree of Bachelor of Laws and Bachelor of Arts in French from Wuhan University in June 2012, and obtained the degree of Master of Laws in International Economic Law from The Chinese University of Hong Kong in November 2013. She obtained the PRC Legal Professional Qualification Certificate awarded by the Ministry of Justice of the PRC in September 2012. Ms. Dan has nearly 10 years of experience in legal practice. Ms. Dan worked as a

lawyer at Beijing Dentons Law Offices LLP (Shenzhen) since June 2013 and is currently a partner. The Board further announces that with effect from 6 January 2023: Since Mr. Song resigned as an executive Director, he will cease to be a member of the Remuneration Committee; since Mr. Tu resigned as an independent non-executive Director, he will cease to be the chairman of the Audit Committee and a member of the Remuneration Committee; Mr. Yang Haifeng has been re-designated from a member to the chairman of the Audit Committee; Ms. Dan has been appointed as a member of each of the Audit Committee and the Remuneration Committee; and Dr. Chen Wei has been appointed as a member of the Remuneration Committee.