The board of directors of China Carbon Neutral Development Group Limited announced that Mr. Tso Sze Wai (Mr. Tso) has tendered his resignation as the company secretary of the company (Company Secretary) and the authorized representative of the Company (the Authorized Representative) under Rule 3.05 of the Rules Governing the Listing of Securities (the Listing Rules) on The Stock Exchange of Hong Kong Limited and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 2 January 2024. The board announced that Dr. Leung Wai Ping, Noel (Dr. Leung) has been appointed as the Company Secretary, an Authorized Representative, and an Authorized Representative under the Companies Ordinance, with effect from 2 January 2024. Dr. Leung is a member of the Hong Kong Institute of Certified Public Accountants and a fellow member of The Association of Chartered Certified Accountants.

Dr. Leung holds the degrees of Doctor of Business Administration and Master of Arts from the City University of Hong Kong, a degree of Master of Business Administration from the University of Lincoln, a degree of Master of Education from the University of Hong Kong and a degree of Master of Science from Edinburgh Napier University. Dr. Leung has over 34 years of experience in the accounting field and has worked in accountancy firms and listed companies in Hong Kong and Singapore. Dr. Leung is currently an independent non-executive director of Ocean One Holding Ltd.