Global New Material International Holdings Limited announced the appointment of Mr. BAI Zhihuan as an Executive Director and Vice President effective from August 27, 2022. Mr. BAI, aged 38, joined the Group in 2014 and is currently the director and vice general manager of Guangxi Chesir Pearl Material Co. Ltd. and is responsible for overseeing the sales and purchasing activities of the Group and day-to-day operations and management of the Group.

Mr. BAI graduated from Guangxi University of Science and Technology with a bachelor's degree in business administration. He is a postgraduate of master of marketing management in Complutense University of Madrid. As of the date of this announcement, the Board comprises Mr. SU Ertian (Chairman and Chief Executive Officer), Mr. JIN Zengqin, Mr. ZHOU Fangchao, Mr. BAI Zhihuan (Vice President) and Ms. ZENG Zhu as executive Directors, Mr. HU Yongxiang as non-executive Director and Mr. MAK Hing Keung, Thomas, Professor HAN Gaorong and Mr. LEUNG Kwai Wah Alex as independent non-executive Directors.