Aged 33, Mr. Zhang graduated from the University of Hong Kong with a Bachelor of Engineering Degree in Civil Engineering. He is a member of The Hong Kong Institution of Engineers and a Chartered Engineer of the Institution of Civil Engineers. Mr. Zhang is also a Chartered Member of The Chartered Institute of Logistics and Transport.

He worked for MTR Corporation Limited and was responsible for the construction of various new railway projects and train operations. Mr. Zhang is a Legislative Council Member of the Hong Kong Special Administrative Region elected in 2022. He has over 11 years of experience in engineering field.

Mr. Zhang will enter into a letter of appointment as an independent non-executive director with the Company. He is not appointed for a specific term and his term of appointment can be terminated at any time by either party giving to the other 3 months' notice in writing. Mr. Zhang will be subject to retirement by rotation and re-election in accordance with the Articles of Association.

As at the date of this announcement, Mr. Zhang will be entitled to receive a director's emolument of HKD 250,000 per annum which is determined by reference to his duties and responsibilities with the Company, the Company's standard for emoluments and the prevailing market conditions. Mr. Zhang has met the independence guidelines set out in Rule 3.13 of the Listing Rules. Save as disclosed above, neither Mr. Wong, Ms. Chan nor Mr. Zhang (1) have any relationships with any directors, senior management or substantial or controlling shareholders of the Company, (2) have any interests in shares of the Company and associated corporation of the Company (within the meaning of Part XV of the Securities and Futures Ordinance), (3) hold any directorships in listed public companies in the last three years, and (4) have any other information that needs to be disclosed pursuant to any of the requirements as set out in rules 13.51(2)(h) to 13.51(2)(v) of the Listing Rules and there are no other matters that need to be brought to the attention of the shareholders of the Company.