Luen Thai Holdings Limited announced that Mr. Chiu Chi Cheung will cease to be the Company Secretary with effect from 1 January 2024. Mr. Chiu has over 30 years of experience in the field of company secretarial, auditing and accounting. He joined the Group in 2002.

Prior to joining the Group, he was an auditing manager of an international auditing firm. Mr. Chiu is a fellow member of the Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Chiu holds a Bachelor of Business Administration degree from the University of Hong Kong.

The Board further announces that Mr. Tan Cho Lung, Raymond will cease to act as the authorized representative of the Company (the ``Authorized Representative'') under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange with effect from 1 January 2024. Following the redesignation of Mr. Chiu from the Company Secretary to the CFO and the cessation of Mr. Tan Cho Lung, Raymond as the Authorized Representative, the Board announced that Mr. Chan Hiu Leong (``Mr. Chan'') has been appointed as the Company Secretary, the Authorized Representative and the Group Financial Controller of the Company with effect from 1 January 2024. Mr. Chan has over 19 years of experience in auditing, accounting, financial management and company secretarial matters.

Mr. Chan holds a Bachelor of Commerce in Accounting Degree from Macquarie University in Australia and a master of corporate governance degree from the Hong Kong Polytechnic University. Mr. Chan is an associate member of the Hong Kong Institute of Certified Public Accountants. Mr. Chan is also an associate member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.

Mr. Chan meets the qualification requirements for a company secretary under Rule 3.28 of the Rules Governing the Listing of Securities on the Stock Exchange.