Tongrentang: Di Shubing resigns as chairman, Zhang Chaohua takes over.

Notice from Tong Ren Tang on August 11th, Mr. Di Shubing applied to resign from the positions of Chairman of the Board and Director of the company due to work adjustments. After resigning from his position in the company, Mr. Di Shubing will continue to serve as the Deputy Secretary of the Party Committee, Director, and General Manager of the company's holding shareholder, China Beijing Tong Ren Tang Limited Liability Company. The board of directors held the twelfth meeting of the tenth session of the board of directors and approved the "Proposal on the Election of the Chairman of the Board of Directors of the Tenth Board of Directors of the Company." With the unanimous consent of all directors, Mr. Zhang Chaohua was elected as the new chairman of the Tenth Board of Directors of the Company, with a term from the date of approval of this board meeting until the expiration of the tenth board of directors of the company.