The board of B & D Strategic Holdings Limited Mr. Lo Wing Hang has resigned as the Chief Executive Officer. Following the resignation of Mr. Lo, Dr. Hiroshi Kaneko has been appointed as the Chief Executive Officer with effect from 4 December 2023. Dr. Kaneko, aged 59, has extensive research experience in the field of environment, development and economic science in Japan, China and Northern America.

He has been engaged in comprehensive utilization of environmental friendly materials and international trade. He is currently a vice president and chief financial officer of Kyosei-Bank Co and is mainly responsible for overseeing the financial aspects of new business development. Dr. Kaneko has been appointed as an executive director and the chief executive of Fullsun International Holdings Group Co., Limited, since 26 July 2023.

During the period from 20 November 2021 to 4 October 2023, Dr. Kaneko was the executive director of Hong Wei (Asia) Holdings Company Limited. Dr. Kaneko received a Master of Engineering from Dalian University of Technology in 1989 and a doctoral degree in Engineering from the Department of the Advanced Interdisciplinary Studies from University of Tokyo in 1997. The Company has entered into a contract for appointment with Dr. Kaneko in respect of his directorship.

There is no specific length of service for Dr. Kaneko pursuant to his contract for appointment and he will hold office until the next following annual general meeting of the Company and shall then be eligible for re-election. Dr. Kaneko will also be subject to retirement by rotation and re-election pursuant to the second amended and restated articles of association of the Company.