The board of directors of Chen Hsong Holdings Limited announced that Mr. Harry Chi HUI has been appointed as an Independent Non-executive Director of the Company and a member of each of the Audit Committee and the Corporate Governance Committee with effect from 1 July 2023. Set out below are the biographical details of Mr. Hui: Mr. Hui, aged 59, has approximately 18 years of experience in marketing and business management. He is a managing director of ClearVue Partners (Shanghai) Limited, which is principally engaged in private equity investment, since 31 October 2012, and he is responsible for the overall business development and investment strategies.

He was a president of Universal Music International Limited, which is principally engaged in music production, from 2002 to 2006, and he was responsible for managing overall business in Asia (except Japan). From December 2006 to 2010, he was a vice president of China beverages business unit of Pepsico Investment (China) Limited in the PRC, which is principally engaged in sale and distribution of beverages, and he was responsible for customer service relation strategies. Mr. Hui is currently an independent non-executive director of K W Nelson Interior Design and Contracting Group Limited.

He was formerly a director of Quhuo Limited. Mr. Hui obtained a Bachelor of Science in Economics and Business Degree from University at Albany-SUNY in the United States in May 1985 and a Master of Business Administration Degree from University of Southern California in the United States in December 1992. Mr. Hui has entered into a Letter of Appointment with the Company for an initial term of three years commencing on 1 July 2023.

He shall hold office until the next following annual general meeting of the Company, and shall then be eligible for re-election at that meeting in accordance with the Bye-laws of the Company (as may be amended from time to time).