China Clean Energy Technology Group Limited announces that (i) Mr. Wan Yitian ("Mr. Wan") has been appointed as an executive Director with effect from 7 August 2023; and (ii) Mr. Chan Wai Leung ("Mr. Chan") has been appointed as an independent non-executive Director with effect from 7 August 2023. Mr. Wan Yitian, aged 36, holds a bachelor's degree in Accounting from Qingdao University of Technology in 2010. Mr. Wan is experienced in banking business.

From July 2010 to January 2019, Mr. Wan worked in Qingdao Rural Commercial Bank and his last position was a branch office director. From January 2019 to January 2022, Mr. Wan worked as the president in the Qingdao Laixi Sub-branch of Bank of Hebei Co. Ltd. From January 2022 to October 2022, Mr. Wan worked as the general manager in the Small Business Department of China Zheshang Bank.

Mr. Chan Wai Leung, aged 52, was the chief financial officer of Vantage Asset Management Limited and acted as the chief financial officer, chief risk officer, and vice president of corporate investment and financing in two listed companies in Hong Kong during the period from April 2016 to April 2019. Mr. Chan was also an independent non-executive director of Brightoil Petroleum (Holdings) Limited from June 2019 to October 2020, the issued shares of which had been formerly listed on the Stock Exchange. Mr. Chan has over 20 years of working experience with leading international accounting firms, including PwC and KPMG and has extensive experience on internal control review and accounting compliance review.

Mr. Chan graduated with a Bachelor of Business Administration degree and he has obtained a Master degree of Global Business Management and E-Commerce from the University of Hong Kong. Mr. Chan is a member of the Hong Kong Institute of Certified Public Accountants and a member of the Association of Chartered Certified Accountants. Mr. Chan was awarded the China Economic 100 Outstanding Person Award in 2011 in recognition of the significant contributions made to the domestic economy and in taxation for many years.