Fenbo Holdings Limited announced the appointment of Mr. Meng Derong as Co-Chairman and Independent Non-Executive Director, effective on January 1, 2024. Mr. Meng has over 20 years of experience in enterprise management, particularly in operational management of supply chain systems. He has accumulated rich knowledge and practical experience in areas such as corporate strategic planning, organizational management, integrated marketing, brand building, and upstream and downstream product development. Mr. Meng also possesses excellent skills in work communication, negotiation, business development, and public relations.

He has practical experience in areas including industrial manufacturing, Internet of Things, supply chain development, and social media marketing. Mr. Meng holds a Bachelor's Degree in Economics and Management from Yancheng Institute of Technology. He currently serves as the Executive President of Dijiu (Shenzhen) Supply Chain Group Co.

Ltd., a firm focused on the development, implementation, and management of supply chain logistics from traditional sales channels to e-commerce platforms with an emphasis on agricultural products.