China Technology Industry Group Limited announced announces that each of Mr. Chiu Tung Ping has tendered his resignation as an the chief executive officer of the Company. He has tendered his resignation as an executive Director, the Chairman and CEO to spend more time on his other business pursuits and commitments. Mr. Chiu confirmed that he has no disagreement with the Board and that there are no other matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company or the Stock Exchange.

The Board announced that Mr. Huang Bo has been appointed as an executive Director, the Chairman, and CEO and a member of the Corporate Governance Committee with effect from 12 December 2023. Mr. Huang Bo, aged 58, received a Bachelor of Engineering from Southeast University in 1988. He previously worked at various companies that specialise in renewable energy and has accumulated extensive experience in the construction and development of renewable energy-related businesses, including currently serving as the chairman of Wan Jee Co.

Ltd. since 2015. Mr. Huang Bo is the father of Mr. Huang Yuanming.