The boardof directors of CBK Holdings Limited announced that Mr. Zheng Haoze has been appointed as an executive Director of the Company with effect from 23 January 2024. Mr. Zheng, aged 29, boasts over nine years of experience in corporate management. Currently he is the deputy director of Jiangsu Huangpu Recycling Resource Utilization Co, Limited.

He holds a bachelor's degree in Enginering management from College of Science and Technology Ningbo University. After joining the Company, Mr. Zheng will responsible for managing the Company. Mr. Zheng will enter into a letter of appointment with the Company which may be terminated by either party giving to the other not less than one-month prior notice in writing.

His directorship shall be subject to retirement by rotation and re-election pursuant to the Articles of Association of the Company . He will hold office until the first annual general meeting of the Company at which he will subject to re-election in accordance with the Articles.