The announcement from Rongzhi Rixin states that the company will hold the 22nd meeting of the third board of directors on November 18, 2024, to review and approve the proposal on the appointment of the company's general manager. Mr. Nie Weihua is appointed as the new general manager, with a term consistent with the third board of directors. Mr. Yao Jiebing resigned from the position of non-independent director and general manager of the third board of directors for personal reasons, and he will continue to comply with relevant regulations after his resignation. Mr. Nie Weihua is the founder of the company and has rich management experience, which is more conducive to supporting the company's long-term development.