The board of directors of Crown International Corporation Limited hereby announced that:- Mr. Meng Jing Long (?Mr. Meng?) has tendered his resignation as an executive Director, the chairman of the Board, the chairman of the executive committee of the Board and will cease to act as an authorised representative (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?) with effect from 10 November 2023 due to his other personal commitments which require more time on his dedication; Mr. Wei Zhenming (?Mr. Wei?) has been appointed as an executive Director, the chairman of the Board, the chairman of the executive committee of the Board and will act as an Authorised Representative with effect from 10 November 2023. Mr. Wei, aged 60, has over 40 years of business experience in Mainland China. Mr. Wei has acted as the President of Beijing Sheyangtang Health Management Co.

Ltd. which has been operating a comprehensive healthcare business since 2020.