The board of directors of Asia Television Holdings Limited announced that Mr. Zha Xiaogang has been appointed as an executive Director of the Company and a Co-Chairman of the Board with effect from 8 December 2023. Mr. Zha Xiaogang, aged 57, completed the course on Business Administration from China University of Geosciences of China (Network Education) in July 2017. He was certified as a Senior Economist by Jiangsu Provincial Personnel Department in November 2007.

Mr. Zha has extensive experience in corporate strategy and business management. From July 1986 to March 2000, he has successively served as the workshop supervisor, branch factory director, deputy factory director and factory director of Zhangjiagang Woolen Sweater Factory. Since April 2000, he has been the Chairman and General Manager of Jiangsu Lianhong Textile Company Limited.

The Board also announced that Mr. Lu Zhiqiang has been appointed as an independent non-executive Director of the Company with effect from 8 December 2023. Mr. Lu Zhiqiang, aged 48, graduated from Aviation Engineering Institutes of Nanchang (currently known as Nanchang Hangkong University) of China with a bachelor's degree in Forging Technology and Equipment in July 1997. He obtained a master degree of Business Administration from Central State University of the United States of America in February 2002.

He awarded the degree of the Master of Science in Supply Chain and Purchasing Management organised by Audencia NANTES. Ecole de Management in April 2003. He was an Rajawali Foundation Institute for Asia Fellow of Harvard University of the United States of America from August 2018 to July 2020.

He has extensive experience in corporate management and investment. From January 2017 to January 2020, Mr. Lu served as an executive director of Extrawell Pharmaceutical Holdings Limited. Currently, He is an independent non-executive Director of Leoch International Technology Limited.

He is also an executive director and the chief executive officer of Hong Kong Life Sciences and Technologies Group Limited.