The board of directors of Cinda International Holdings Limited announced that due to retirement, Mr. Lau Mun ceased to be an executive Director, the company secretary of the Company and an authorised representative of the Company. Mr. Lau joined the Company in July 1999 and has been an executive Director since March 2007. During over 24 years of his service in the Company, Mr. Lau, with his rich experience in the capital market, assists to lead the Group to operate in compliance and achieve stable development.

He has played a crucial role in the Group's business development, financial management, corporate governance and more. The Board also announced that Ms. Yan Qizhong has been appointed as an executive Director of the Company with effect from 2 March 2024. Ms. Yan Qizhong, aged 54, is currently the principal expert of Cinda Fund Management Company Limited Ms. Yan received her Master degree in Accounting from the University of Finance and Economics in Hunan of the People's Republic of China (PRC) in June 1997, and received a Doctorate degree in Accounting from the Business School of Renmin University of China in January 2012 subsequently.

Ms. Yan was a lecturer in accounting at Beijing University of Chemical Technology of the PRC, and she is also a senior economist. Ms. Yan has over 30 years of extensive experience in accounting, auditing and asset management. She has served in several financial institutions and asset management companies, including China Great Wall Asset Management Corporation*, CITIC Financial Holding Company*, Beijing Rural Commercial Bank in the PRC.

She also served as the deputy branch manager of The Bank of East Asia (Beijing Branch), overseeing the financial accounting department and the financial markets department from March 2009 to December 2014. Additionally, she took the position of the deputy branch manager and was a member of the Party Committee of the Bank of Hengfeng (Beijing Branch)* from December 2014 to January 2021, primarily responsible for the financial accounting department, operations management department, and credit approval department. Ms. Yan joined Cinda Fund since February 2021.

The Board also pleased to announce that Ms. Li Hiu Ling has been appointed as the Company Secretary and an Authorised Representative with effect from 2 March 2024. Ms. Li Hiu Ling is the Head of Company Secretarial Department of the Company. She holds a Master of Science degree in Professional Accounting and Corporate Governance and a Bachelor of Social Sciences degree in Geography.

Prior to joining the Company, Ms. Li served as named company secretary at several listed companies on the Stock Exchange, she has over 17 years of practical experience in the company secretarial field. Ms. Li is a fellow member of both The Chartered Governance Institute in the United Kingdom and The Hong Kong Chartered Governance Institute, and awarded with the dual designations of Chartered Secretary and Chartered Governance Professional.