Shenghua Lande Scitech Limited announced that With effect from 13 November 2020, Mr. Qi Jinsong has resigned as the chief executive officer of the Company due to work reasons, for the more reasonable allocation of internal work responsibilities, strengthening of internal management and enhancement of work efficiency, and remained as an executive Director and the chairman of the Company. With effect from 13 November 2020, Mr. Xu Yin has been appointed as the Chief Executive Officer. From April 2015 to November 2017, Mr. Xu served as the deputy minister of the research and development department of Nanjing Panda Information Industry Co. Ltd. From November 2017 to January 2019, Mr. Xu was the deputy chief engineer of the Company. From February 2019 to May 2019, Mr. Xu was the assistant to general manager of the information technology department of Zhejiang Shenghua Holdings Group Company Limited a controlling shareholder of the Company. From June 2019 to present, Mr. Xu has served as the deputy general manager of the information technology department of Zhejiang Shenghua.