The board of directors of the China Lilang Limited announced the following changes with effect from 11 December 2023: Mr. Wang Dong Xing (Mr. Wang), has been re-designated from an executive director to a non-executive director. He will remain as the chairman of the Board, of the nomination committee and the risk management committee of the Board and an authorized representative of the company. Mr. Wang, aged 63, was appointed as an executive Director on 13 June 2008.

Mr. Wang has been with the Group since its establishment in April 1995 and is one of the founders of the Group. He was responsible for the Group's overall business development, strategic planning and corporate management. Mr. Wang has over 30 years of manufacturing and management experience in the menswear industry in the People's Republic of China (the PRC).

Mr. Cai Rong Hua (Mr. Cai), has been re-designated from an executive director to a non-executive director. Mr. Cai, aged 55, joined the Group in April 1998 and was appointed as an executive Director on 13 June 2008. He was responsible for product research and development and negotiating with major suppliers of the Group.

Mr. Cai has over 20 years of manufacturing and management experience in menswear industry in the PRC. Mr. Hu Cheng Chu (Mr. Hu), has been re-designated from an executive Director to a non-executive Director. Mr. Hu, aged 79, joined the Group in April 1998 and was appointed as an executive Director on 13 June 2008.

He was responsible for brand management and public relation of the Group. Mr. Hu is also one of the shareholders of Xiao Sheng International Limited and Ming Lang Investments Limited, which are the controlling shareholders (within the meaning of the Listing Rules) of the company.