Capital Finance Holdings Limited announce that Mr. Mang Sheung Lok ("Mr. Mang") has been appointed as an executive Director, Vice Chairman and a member of the nomination committee of the Company with effect from 25 April 2023. Mr. Mang, aged 35, has extensive experience in the fields of real estate, financial market and personal healthcare and hygiene industry. He is currently a managing director and the founder of a private company incorporated in Hong Kong with limited liability which is principally engaged in anti-bacterial and anti-viral coating solution for residential and commercial building, shopping mall and government building in Hong Kong.

He was also the vice president of a private equity fund in the People's Republic of China (the "PRC").Mr. Mang has participated in community services in China and Hong Kong to promote interaction and communication between China and Hong Kong young business talents in recent years and he is currently a director of Hong Kong United Youth Association Limited.