ShenSangDa A: Director and Senior Vice President Chen Shigang has left due to job changes but will continue to serve as Chairman of the subsidiary and other positions

SED announced that the company's board of directors received a written resignation letter from director and senior vice president Chen Shigang. Chen Shigang has submitted his resignation due to job changes, but will continue to serve as chairman and president of the company's subsidiary China Electronics Cloud Computing Technology Co., Ltd. Chen Shigang directly holds 48.5955 million shares of the company and indirectly holds shares through Hengqin Hongde Jiaye Investment Center and Hengqin Hongtu Jiaye Investment Center. The resignation will not result in the board of directors falling below the legal minimum number of members and will not have a significant impact on the company's daily operations and management