Yidu Tech Inc. — Board/Management Information 2021

Jun 25, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Yidu Tech Inc. 醫渡科技有限公司 (incorporated in the Cayman Islands with limited liability) (Stock Code: 2158)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board of directors (the “ Board ”) of Yidu Tech Inc. (the “ Company ”) is pleased to announce that Mr. Zeng Ming ( 曾鳴 ) (“ Mr. Zeng ”) has been appointed as a non-executive director (the “ Non-Executive Director ”) of the Company with effect from 25 June 2021.

Mr. Zeng, aged 51, was appointed as an independent non-executive director of Longfor Group Holdings Limited (a company whose shares are listed on The Stock Exchange of Hong Kong Limited, stock code: 960) on 3 June 2011. He is also the chairman of the remuneration committee of Longfor Group Holdings Limited. Mr. Zeng was the chief strategy officer of Alibaba Group between 2006 and 2018. Mr. Zeng has published a number of books on business strategies. Mr. Zeng obtained his Doctor of Philosophy degree in International Business and Strategy from University of Illinois at Urbana-Champaign, USA in 1998 and a Bachelor of Arts degree in Economics from Fudan University ( 復旦大學 ) in 1991. Mr. Zeng was the professor of Strategy at Cheung Kong Graduate School of Business, Beijing China and a faculty member at INSEAD, France.

Pursuant to an appointment letter entered into between the Company and Mr. Zeng, Mr. Zeng has been appointed as a Non-Executive Director of the Company commencing from 25 June 2021. Mr. Zeng is appointed for an initial term of 3 years, subject to (i) retirement from office and reelection at the next general meeting of the Company and (ii) retirement by rotation and re-election in accordance with the Articles of Association of the Company and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). According to the terms of Mr. Zeng’s appointment, Mr. Zeng shall be entitled to an annual remuneration in the sum of RMB160,000 from the Company for serving as a Non-Executive Director. The director’s fee was recommended by the remuneration committee of the Company with reference to his duties and responsibilities with the Company, the Company’s remuneration policy and the prevailing market conditions.

As at the date of this announcement, Mr. Zeng, through Perfect Sword Limited, a company controlled by him and his spouse, holds options in respect of 2,163,845 shares of the Company which were granted under the pre-IPO share option plan of the Company adopted on 16 March 2015.

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Save as disclosed in this announcement, as at the date of this announcement:

• (i). Mr. Zeng did not hold any directorship in any other listed companies in the last three years;

• (ii). Mr. Zeng did not have any interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong);

• (iii). Mr. Zeng (i) did not hold any other position in the Company or its subsidiaries; and (ii) did not have any relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company (as defined under the Listing Rules); and

• (iv). there was no other information in relation to Mr. Zeng’s appointment that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules or any matter that need to be brought to the attention of the shareholders of the Company.

The Board would like to express its warmest welcome to Mr. Zeng on his appointment.

By order of the Board Yidu Tech Inc. Gong Yingying Chairlady and Executive Director

Hong Kong, 25 June 2021

As at the date of this announcement, the Board comprises Ms. Gong Yingying as Chairlady and Executive Director and Ms. Yang Jing, Dr. Yan Jun and Ms. Zhang Shi as Executive Directors, Ms. Gao Yongmei and Mr. Zeng Ming as Non-executive Directors, and Dr. Ma Wei-Ying, Ms. Pan Rongrong and Prof. Zhang Linqi as Independent Non-executive Directors.

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