Yida China Holdings Limited announced that Mr. Cheng Xuezhi has resigned as a non-executive Director with effect from 11 February 2022. Mr. Cheng has confirmed that there is no disagreement with the Board and there are no other matters that need to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited in relation to his resignation. The Board announced that with effect from 11 February 2022, Ms. Jiang Qian ("Ms. Jiang") has been appointed as a non-executive Director.

From 2012 to 2015, Ms. Jiang served as the senior project manager of the second trust and investment banking department of Hwabao Trust Co. Ltd. In 2015, Ms. Jiang joined Zhongmin Investment Management Co. Ltd., a wholly-owned subsidiary of China Minsheng Investment Corp.

Ltd. and is currently acting as the deputy general manager of the alternative investment department. Ms. Jiang is a Chartered Financial Analyst.