China Supply Chain Holdings Limited announces that, in order to enhance the management of the Company, with effect from 14 June 2023, Mr. Dai Jian will no longer served as the chief executive officer of the Company. Mr. Dai will remain as the executive Director and vice Chairman of the Board. The Board further announces that Mr. Wong Ka Shing who is currently an executive Director of the Company will be appointed the CEO of the Company effective from 14 June 2023.

Mr. Wong Ka Shing, aged 44, was appointed as an independent non-executive Director of the Company on 12 October 2021 and re-designated as an executive director of the Company on 10 October 2022. Mr. Wong Ka Shing holds a Bachelor of Arts (Hon) degree in Accounting and Finance from The Leeds Metropolitan University. Mr. Wong Ka Shing is a fellow of both The Association of Chartered Certified Accountants and Hong Kong Institute of Certified Public Accountants.

Mr. Wong Ka Shing had been (i) an executive director of Yuk Wing Group Holdings Limited during the period from January 2019 to January 2021; and (ii) an independent non- executive director of Solomon Worldwide Holdings Limited during the period from April 2015 to April 2022. Mr. Wong Ka Shing has extensive experience in accounting, company secretarial services, auditing and financial management.