Shanghai Huahong Jitong Intelligent System Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Change of Company Board Secretary
Ms. Wen Xin, the board secretary of Shanghai Huahong Jitong Intelligent System Co., Ltd., has been appointed as the deputy general manager of the Company and will no longer serve as the board secretary due to business development needs. Ms. Wen's original term as board secretary was set to last until the expiration of the fifth board of directors' term. Ms. Wen will continue to serve as the deputy general manager. As of the date of this announcement, Ms. Wen holds a total of 107,602 shares in the Company, all of which are restricted stocks that have been granted but not yet released from restrictions. She will continue to execute according to the "2020 Restricted Stock Incentive Plan (Draft)" and the "Implementation Assessment Management Measures of the 2020 Restricted Stock Incentive Plan" of Shanghai Huahong Jitong Intelligent System Co., Ltd. During her tenure as board secretary, Ms. Wen has been diligent and responsible, and the board of directors expresses heartfelt gratitude for her contributions to the Company's operational development and standardized operations.