The board of directors of Goldstream Investment Limited announced that Mr. Geng Tao ("Mr. Geng") has tendered his resignation as (i) an executive Director of the Company, with effect from 22 January 2024 due to his other business commitments. Following the resignation of Mr. Geng, the Board announced that Mr. Gao Ziqi ("Mr. Gao") has been appointed as (i) an executive Director, both with effect from 22 January 2024. Set out below are the biographical details of Mr. Gao: Mr. Gao, aged 36, has been appointed as an executive Director and the Chief Executive Officer of the Company, as well as the chief executive officer of Goldstream Capital Management Limited ("GCML"), a wholly owned subsidiary of the Company, with effect from 22 January 2024.

Mr. Gao was previously a managing director at Greater Bay Area Development Fund Management Limited ("GBADFM Limited") from June 2019 until he joined the Company in January 2024. He joined GBADFM Limited in June 2019 and was responsible for leading investments in the consumer and retail sectors in China. He was also a responsible officer for their Type 1, 4 and 9 regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the "SFO").

Prior to joining GBADFM Limited, Mr. Gao worked for 8 years at Goldman Sachs (Asia) in the investment banking division as an executive director, where he led various capital market transactions in Asia. Mr. Gao obtained a bachelor's degree in Mathematics with First Class Honors from Imperial College, London and a master's degree in Mathematics from Columbia University, New York City. With his strong educational foundation and extensive experience in the finance industry, Mr. Gao will bring valuable expertise to his role as an executive Director and the Chief Executive Officer.