The board of directors of Chuang's China Investments Limited regret to announce that Dr. Eddy Li Sau Hung, an independent non-executive director of the Company, passed away on 25 March 2024 and accordingly ceased to be an independent non-executive director and member of the audit committee and the remuneration committee of the Company. The Board and staff of the Group convey sincere condolences to his family. The Board also expresses its sincere appreciation to Dr. Li for his valuable contribution to the Company.

The Board further announce that with effect from 26 March 2024, Dr. Ng Kit Chong, an independent non-executive director of the Company, has been appointed as a member of the audit committee and the remuneration committee of the Company.