Shenzhen International Holdings Limited announced that, with effect from 1 September 2022, Dr. Wang Guowen ("Dr. Wang") has been appointed as an independent non-executive director of the Company, a member of each of the audit committee of the Company and the remuneration and appraisal committee of the Company; and Professor Cheng Tai Chiu, Edwin ("Professor Cheng") resigned from his position as an Independent Non-executive Director, a member of each of the Audit Committee and the Remuneration and Appraisal Committee, as he intends to devote more time to focus on his other work commitments. Dr. Wang, aged 56, holds a doctoral degree in World Economics from Nankai University and completed post-doctoral research in supply chain management in Peking University. Dr. Wang is a Senior Research Fellow of, and the Director of the Center for Logistics and Supply Chain Management at, the China (Shenzhen) Development Institute.

He is also the Vice President of China Society of Logistics, Chief Representative of the China Round-table of the Council of Supply Chain Management Professionals, the Chairman of the Expert Committee on Blockchain Application in Logistics and Supply Chain under the China Federation of Logistics & Purchasing ("CFLP"), and the Chairman of the CFLP Green Logistics Expert Committee, as well as a visiting professor of Nankai University, Beijing Jiaotong University and The Hong Kong Polytechnic University. From January 2013 to December 2019, Dr. Wang was an independent non-executive director of Shenzhen Feima International Supply Chain Co Ltd. (the shares of which are listed on the Shenzhen Stock Exchange (Stock Code: 002210)). Dr. Wang previously served as an expert to World Bank and Asia Development Bank, and the Chinese industry convener of APEC Asia-Pacific Supply Chain Consortium (A2C2).

He was awarded the title of "Top 30 Logistics Expert in China" by CFLP, and "Top 40 Logistics and Transportation Expert in China" by the China Communications and Transportation Association in 2018. Dr. Wang has extensive experience in regional economy, industrial development planning, logistics and supply chain management.