Asia Tele-Net and Technology Corporation Limited at its AGM held on 19 June 2023, the Board announced that Mr. HONG Hui Lung is appointed by the Company as an INED with a term of 3 years to replace a retiring INED. Mr. Hong will hold office with effect from 19 June 2023 (after the close of AGM) until 18 June 2025. The biographical details of Mr. Hong were disclosed in the Circular and is re-stated in this announcement for ease of reference.
Mr. Hong, aged 54, obtained a bachelor degree in science from the University of Hong Kong in 1992. After graduation, Mr. Hong had worked in an international audit firm. Mr. Hong has professional expertise and extensive experience in investment banking for about 16 years. Mr. Hong has participated as speakers of certain professional trainings and seminars regarding the regulation, landscape and development of Hong Kong and China capital markets. Mr. Hong is a fellow member of the Association of Chartered Certified Accountants. Mr. Hong is subject to retirement by rotation and re-election at the Company's annual general meeting in accordance with the bye-laws of the Company. If his appointment is approved by the Shareholders in the AGM, he will be appointed as an INED of the Company, and a member of each of the audit committee, remuneration committee and nomination committee of the Board. Mr. Hong has been an independent non-executive director of China Environmental Energy Investment
Limited (Stock code: 0986) since 22 February 2021. He was an independent non- executive director of China Digital Culture (Group) Limited (Stock code: 8175) between 1 November 2021 and 16 March 2023. Mr. Hong owns a printing service company and has been providing printing service to the Company for the printing of annual report and interim report once every two years. The total amount paid by the Company to his printing service company was not more than HKD 66,000 in 2021 for 2020 annual report and HKD 48,000 in 2022 for 2022 interim report. Mr. Hong is not financially dependent on the Company, its holding company or any of their respective subsidiaries or core connected persons of the Company. It is expected that the Company may engage his printing company for similar printing service fees to his company. The SFC has not made findings against Mr. Hong for dishonesty or taking unfair advantage from his failures. Mr. Hong will be a member of the audit committee and remuneration committee of the Company with effect from 19 June 2023.