The board of directors of China Uptown Group Company Limited announced that: Mr. Cheng Chi Kin (Mr. Cheng) was appointed as chief executive officer of the company with effect from 17 June 2022. Mr. Cheng, aged 54, has over 28 years of working experience in various industries including corporate governance in listed companies, real estate developments, infrastructure developments and management, real estate investment trusts (REITS), asset management, banking and corporate finance, securities investments and natural resources etc. Mr. Cheng has been the chairman and an executive director of each of De Tai New Energy Group Limited and Affluent Partners Holdings Limited since August 2021 and September 2019 respectively. Mr. Cheng was a non-executive director of IRC Limited from February 2017 to March 2020 and an executive director of Ming Lam Holdings Limited from February 2017 to August 2018. Mr. Cheng previously held other positions in Kingston Securities Limited, Australian Property Development Company, Yuexiu REIT Asset Management Limited, Zhongrong International Asset Management Limited, CITIC Ka Wah Bank and BNP etc. He obtained a Degree in Business Studies from University of Glamorgan in 1992 and a Master Degree in Business Administration from Cardiff Business School in 1993. He is a fellow member of The Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of International Accountants. He is also a member of Institute of Management Accountants. Mr. Pan Shimin, an executive Director, resigned as the chief executive officer of the
Company and was appointed as the chairman of the nomination committee of the company with effect from 17 June 2022.