Hangzhou SF Intra-city Industrial Co., Ltd. Appoints Chan Hey Man as Co-Chief Executive Officer, Effective March 30, 2026

Hangzhou SF Intra-city Industrial Co., Ltd. announced that Mr. Chan Hey Man has been appointed as the co-chief executive officer of the Company, effective from March 30, 2026, and will, together with Mr. Sun Haijin, play a core leadership role in the Group?s strategic planning and operational management. Mr. Chan?s existing appointments as executive Director and chief financial officer will remain unchanged. Mr. Sun Haijin will continue to serve as an executive Director, the Chairman of the Board and the chief executive officer of the Company.

Mr. Chan, aged 44, is the executive Director, chief financial officer and director and supervisor of multiple subsidiaries of the Company. He was one of the joint company secretaries of the Company before December 17, 2024. He has over 22 years of experience in corporate finance, finance and management, and was involved in the listing and multiple corporate financing projects of SF Holding Group.

Mr. Chan joined SF Holding Group in February 2014, and served successively as a financial analysis specialist and the deputy director of financial analysis of finance department, and head of investor relations department between February 2014 and February 2023. Mr. Chan also has extensive experience in auditing and financial analysis and worked in KPMG (Beijing office and Hong Kong office) from August 2003 to December 2009 with his last position as an audit manager. Since October 2024, Mr. Chan has been serving as an independent non-executive director of Human Health Holdings Limited (a company listed on the Hong Kong Stock Exchange), as well as the chairman of its Audit Committee and a member of its Remuneration Committee and Nomination Committee.

Mr. Chan obtained a bachelor?s degree in accounting from City University of Hong Kong in November 2003, and obtained a master?s degree in business administration from Saïd Business School, Oxford University in November 2013. Mr. Chan has been accredited as a certified public accountant by the Hong Kong Institute of Certified Public Accountants (HKICPA) since January 2008.