The Board of Carpenter Tan Holdings Limited announced that it has approved the appointment of Mr. Luo Hongping (‘Mr. Luo') as an executive Director with effect from 1 February 2023. Mr. Luo, aged 56, is the administration controller of the Group. Mr. Luo joined the Group in July 2003, and is responsible for human resources and administration, risk management, finance and accounting, product design, technological research and development, company culture, production, storage and logistic and construction.

He has been the factory manager of the Wanzhou factory of the Group and the head of the technical center of the Group. Mr. Luo held a bachelor degree in engineering management. Before joining the Group, he had been the deputy factory manager of Sichuan Huaxi Silk Factory for over ten years where he gained experience in production management, and the deputy general manager of Chongqing Longbao Radio and Television Co.

Ltd. for four years where he gained experience in sales of electrical appliances. Upon the appointment as an executive Director and chief executive officer of the Company, Mr. Luo will continue to serve as the administration controller of the Group.