Acme International Holdings Limited announces that Mr. Kwan Kam Tim (``Mr. Kwan'') has been appointed as the chief executive officer (``CEO'') of the Company with effect from 30 December 2021. Mr. Kwan Kam Tim, aged 67, is the chairman of the Board (``Chairman'') and was appointed as a Director on 19 February 2019 and was re-designated as an executive Director on 14 March 2019. He is one of the founding shareholders of the Group and is primarily responsible for formulating overall business strategies of the Group and overseeing the Board. Mr. Kwan is currently an executive Director and the Chairman, a member of the Nomination Committee, a member of the Remuneration Committee and a director of several subsidiaries of the Company. Mr. Kwan beneficially owns 195,000,000 Shares, representing approximately 31.25% of the total issued share capital of the Company, through his interest in RR (BVI) Limited. Mr. Kwan has over 39 years of experience in the construction industry in Hong Kong. Mr. Kwan obtained a certificate in mechanical engineering craft in July 1973 and a general certificate for the General Course in the preparation for admission to Technical Courses in July 1974 from The Morrison Hill Technical Institute.