WiMi Hologram Cloud Inc. announced the resignation of Ms. Shan Cui, who was an independent director of the Board of Directors and the chairwoman of the audit committee of the Board. On May 26, 2021, Ms. Shan Cui delivered her notice to resign from her position as a member of the Board. The resignation of Ms. Shan Cui is not a result from any disagreement with the company. On May 27, 2021, the Board accepted Ms. Shan Cui's resignation and appointed Mr. Teck Yong Heng as an independent director of the Board and the chairman of the audit committee of the Board to fill the vacancy created by Ms. Cui Shan's resignation.