Baiyang Investment Group appoints Jiang Ruilan as new internal audit head

Baiyang Investment Group Co., Ltd. held its Sixth Board of Directors' Twenty-First Meeting on November 20, 2025, to address a key personnel change within its internal audit department. The board approved the appointment of Jiang Ruilan as the new head of the internal audit department. This decision follows the departure of Qu Xiankun, the former head, due to work adjustments. Jiang’s term will run from the date of board approval until the expiration of the Sixth Board of Directors' term.

Jiang Ruilan, born in 1987, holds a bachelor's degree in auditing and is a certified intermediate accountant and registered accountant. Her professional background includes roles as an accountant at a subsidiary of Guangxi Xianggui Sugar Industry Group Co., Ltd. from September 2011 to December 2014, and as an audit manager at Zhongsenhua Certified Public Accountants Guangxi Branch from January 2015 to March 2019. Most recently, from April 2019 to November 2025, she served as a financial manager at a subsidiary of Baiyang Investment Group Co., Ltd.

Jiang holds 42,000 shares of Baiyang Investment Group, acquired through the company's 2024 restricted stock incentive plan. She has no related-party relationship with major shareholders, directors, or senior management. Furthermore, Jiang has no record of disciplinary action from the China Securities Regulatory Commission or Shenzhen Stock Exchange in the past three years, nor is she under investigation for criminal offenses or illegal activities.