Wisdom Holdings: Deputy Chairman and General Manager Chen Zhifeng Resigns

Announcement from Zhidu Co., Ltd.: Chen Zhifeng, Vice Chairman and General Manager of the company, has resigned due to personal reasons. After resignation, he will not hold any position in the company or its subsidiaries. The company will promptly complete the election of directors, appointment of general manager, and appointment of the board secretary. Before the new general manager is selected, the responsibilities of the general manager will be temporarily assumed by the director and Deputy General Manager Xiao Huan. Before the new board secretary is appointed, the chairman of the company, Lu Hongda, will temporarily perform the duties of the board secretary.