The board of directors of Shanghai Dasheng Agriculture Finance Technology Co., Ltd. announced that Mr. Yan Zebin (Mr. Yan) has resigned from his position as an executive director of the Company and with effect from 15 January 2021 due to work adjustment. Mr. Yan has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the company.