The board of directors of Xinhua Winshare Publishing and Media Co., Ltd. announced that the board received a resignation letter from Xiao Liping on April 1, 2021. Since Xiao has served as an independent director of the company for six consecutive years, she has applied to the board for her resignation as independent non-executive director and the respective positions as the chairman of the nomination committee and the member of the remuneration and review committee of the board. The above resignation will be effective from the day of the new independent non-executive director elected in the general meeting of the company takes office.