In order to further boost the high-quality development of UNISOC and strengthen its strategic planning and management, TSINGHUA UNIGROUP has decided to appoint Mr. Ma Daojie, the Executive Vice President of the Group as the director of UNISOC's board and assign him as Chairman of UNISOC. This management change is a regular personnel adjustment within the Company, and the Company's production and operation activities remain in a normal and orderly manner.

Mr. Ma has nearly 30 years of rich experience in the mobile communication industry, and has held key business leadership positions in China Unicom and China Telecom. Many years of experience in the management position of communication operators have given him a profound insight and understanding of industrial development tendency. Mr. Ma's extensive industrial resources in the mobile communication industry will play a positive role in the future development of UNISOC.

Mr. Ma has successively served as Executive Vice President, President and Chairman of the Board of Directors of GUOXINMICRO. Under the joint leadership of him and the core management team, GUOXINMICRO has witnessed a round of rapid development, with a compound annual growth rate of operating income and net profit reaching 31% and 57% respectively. GUOXINMICRO has thus grown into a leading domestic IC design company and its market value has historically exceeded 100 billion yuan.

We believe that Mr. Ma will continue to leverage his rich experience in industrial insight and strategic management, and work together with Dr. Ren Qiwei, CEO of UNISOC, and our core management team to jointly promote the innovation-driven strategy of UNISOC and achieve greater results.

Finally, we would like to thank Mr. Wu Shengwu for his contributions during his tenure at UNISOC!

Profile of Mr. Ma Daojie

Mr. Ma Daojie, graduated from the Department of Telecommunications Engineering of Beijing University of Posts and Telecommunications with a Bachelor’s Degree in Communication Engineering, and later received a Master’s Degree in Information and Communication Management from Norwegian Business School and a Doctor’s Degree in Business Administration from Rennes School of Business, France. He was a winner of the First Prize of National Science and Technology Progress Award and an expert enjoying Special Government Allowance of The State Council. He was the Former Deputy General Manager of China Unicom Guangxi Branch, Deputy General Manager of UNICOM VSENS COMMUNICATIONS CO.LTD ., General Manager of Tianyi Telecom Terminal Co., Ltd., General Manager of China Telecom Mobile Terminal Management Center, Vice Chairman of Labor Union of China Telecom Group, Vice President of Lenovo Group and Executive Vice President of Lenovo Mobile Business Group in China. After joining TSINGHUA UNIGROUP in December 2017, he has successively held such positions as Executive Vice President, President, Vice Chairman & President, Chairman & President of GUOXINMICRO, as well as Chairman of UNIC MEMORY, UNIMOS and UNIC LINXENS. Currently, he serves as Executive Vice President and Member of the Executive Committee of TSINGHUA UNIGROUP, and Chairman of GUOXINMICRO.