The board of directors of AVIC Joy Holdings (HK) Limited announced that Mr. Weng Huaren has tendered his resignation to the Board as an Independent Non-executive Director of the Company, a member of each of the Audit Committee, Nomination Committee and Remuneration Committee with effect from 24 June 2022 due to his desire to devote more time to his other business engagements. Mr. Weng has confirmed to the Board that he has no claim against the Company in respect of his resignation; he has no disagreement with the Board; and there is no matter in relation to his resignation that needs to be brought to the attention of the
shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Lok Tze Bong has been appointed as an Independent Non-executive Director of the Company, a member of each of the Audit Committee, Nomination Committee and Remuneration Committee with effect from 24 June 2022. Mr. Lok, aged 45, graduated from the City University of Hong Kong and obtained a Bachelor of Laws Degree and Postgraduate Certificate in Laws. Mr. Lok is qualified to practice law in Hong Kong, England and Wales. Mr. Lok has over 19 years as a Solicitor and currently is a practicing lawyer and the principal of Lim & Lok Solicitors. Since 2014, Mr. Lok became a guest lecturer of the Department of Law and Business of Hong Kong Shue Yan University, teaching different legal topis and courses to students. Mr. Lok does not hold any position in the Company or any subsidiary of the Company, nor any other directorship in listed public companies in the past three years preceding the date of this announcement.