Newborntown Technology Limited ('Newborntown Technology') announced that Mr. Li Yongjie has been appointed as Chief Operating Officer to enhance the efficiency of global market operations, effective from August 29, 2024. With over 17 years of experience in operations and organizational development, Mr. Li has held key positions in several well-known technology companies and served as Vice President of International Operations at NBT Social Networking Inc., accumulating extensive experience in business operations and change management. The board of directors of Newborntown Technology warmly welcomes Mr. Li's joining.

Newborntown Technology Limited ('Newborntown Technology') announced that Mr. Li Yongjie has been appointed as Chief Operating Officer to enhance the efficiency of global market operations, effective from August 29, 2024. With over 17 years of experience in operations and organizational development, Mr. Li has held key positions in several well-known technology companies and served as Vice President of International Operations at NBT Social Networking Inc., accumulating extensive experience in business operations and change management. The board of directors of Newborntown Technology warmly welcomes Mr. Li's joining.