Bafangyunji Announces Appointment of Third Compensation Committee Members

1. Effective Date of Change: 115/06/23 2. Name of Functional Committee: Compensation Committee 3. Former Members: Qiu Shifang, Rao Shizhan, Wu Shengqi, Xiao Yujuan 4. Former Members' Resumes: Qiu Shifang; Managing Attorney, Dekai Law Firm Rao Shizhan; Independent Director, Meda Technology Corp. Wu Shengqi; Independent Director, Bafangyunji International Corp. Xiao Yujuan; Independent Director, Hongmu Group Limited 5. New Members: Qiu Shifang, Rao Shizhan, Wu Shengqi, Xiao Yujuan 6. New Members' Resumes: Qiu Shifang; Managing Attorney, Dekai Law Firm Rao Shizhan; Independent Director, Meda Technology Corp. Wu Shengqi; Independent Director, Bafangyunji International Corp. Xiao Yujuan; Independent Director, Hongmu Group Limited 7. Nature of Change (Please enter 'Resignation', 'Removal', 'End of Term', 'Death', or 'New Appointment'): End of Term 8. Reason for Change: End of Term 9. Previous Term (e.g., xx/xx/xx ~ xx/xx/xx): 112/06/23 ~ 115/06/14 10. Effective Date of New Appointment: 115/06/23 11. Other Matters to be Disclosed: None Keyword: Material Information