[Phoenix] Announcement Regarding the Election of Our Company's Chairman

1. Date of Board Resolution or Change: June 10, 115 2. Personnel Category (Please enter Chairman or General Manager): Chairman 3. Name of Former Incumbent: Zhang Weiyao 4. Brief Biography of Former Incumbent: Chairman of Phoenix International Travel Service 5. Name of New Incumbent: Zhang Weiyao 6. Brief Biography of New Incumbent: Chairman of Phoenix International Travel Service 7. Change in Circumstances (Please enter 'Resignation', 'Dismissal', 'Term Expiration', 'Job Adjustment', 'Redundancy', 'Retirement', 'Death', or 'New Appointment'): Term Expiration 8. Reason for Change: The term of office for the company's Chairman has expired, and Zhang Weiyao has been unanimously re-elected as Chairman by the directors present at this meeting. 9. Effective Date of New Appointment: June 10, 115 10. Other Matters to be Noted (If the subject of the event or resolution is a publicly issued or higher company, this major information also meets the criteria of Article 7, Paragraph 6 of the Regulations Governing the Implementation of the Securities Transaction Act regarding matters that have a significant impact on shareholder equity or securities prices): None Keywords: Major Information