The board of directors of China Supply Chain Holdings Limited (‘company') announced that with effect from 1 October 2022, Mr. Luk Chi Shing (‘Mr. Luk') has resigned as an executive Director, company secretary of the Company (‘Company Secretary'), the authorised representative of the Company (the ‘Authorised Representative') under Rule 3.05 of the Rules (the ‘Listing Rules') Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange') and the authorised representative for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the ‘Process Agent'), for reason that he needs to spend more time on his other personal commitment. The Board announced that with effect from 1 October 2022, Mr. Wong Ka Shing (‘Mr. Wong'') has been re-designated from an independent non- executive Director to executive Director, as a result of the re-designation, Mr. Wong has resigned as chairman of the audit committee (the ‘Audit Committee') of the Company, member of the remuneration committee (the ‘Remuneration Committee') and nomination committee (the ‘Nomination Committee') of the Company. Mr. Wong was appointed as an independent non-executive Director in October 2021.

Mr. Wong, aged 44, holds a Bachelor of Arts (Hon) degree in Accounting and Finance issued from The Leeds Metropolitan University in 2003. Mr. Wong is a fellow of both The Association of Chartered Certified Accountants and Hong Kong Institute of Certified Public Accountants. Mr. Wong 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 has extensive experience in accounting, company secretarial services, auditing and financial management. The Board is also announced that with effect from 1 October 2022, Mr. Liew Swee Yean (‘Mr. Liew') has also been appointed as an independent non-executive Director. Mr. Liew, aged 58, holds a Master's Degree in Business Administration (executive) issued from the City University of Hong Kong in 2002.

He is a fellow of both The Association of Chartered Certified Accountants and Hong Kong Institute of Certified Public Accountants. He has been an independent non-executive director of Kaisun Holdings Limited, since November 2006, and an independent non-executive director of Victory City International Holdings Limited, since April 2021. He is currently also the financial controller and the company secretary of eBroker Group Limited.

He has extensive of experience in the finance and accounting fields. The Board also announced that, with effect from 1 October 2022, Ms. Chan Lok Yin ("Ms. Chan") has been appointed as the Company Secretary, and Mr. Wong has been appointed as the Authorized Representative and Process Agent. Ms. Chan, aged 37, holds a Bachelor's Degree of Accounting issued from Edinburgh Napier University in United Kingdom in 2008.

She is an associate of Hong Kong Institute of Certified Public Accountants and an associate of The Hong Kong Institute of Chartered Secretaries. She has been working for a number of listed companies in Hong Kong during the past years, taking the positions of financial controller and/or company secretary. Ms. Chan has accumulated over 10 years of auditing, accounting, corporate governance and company secretarial experience.

The Board further announced that following the redesignation of Mr. Wong as mentioned above and the appointment of Mr. Liew as an independent non-executive Director, Mr. Liew has been appointed as chairman of the Audit Committee, and member of the Remuneration Committee and Nomination Committee, with effect from 1 October 2022.