The board of directors of Madison Holdings Group Limited announced that with effect from 22 December 2023, Dr. Cheung Yuk Shan Shirley (?Dr. Cheung?), has been appointed as an executive Director. Dr. Cheung, aged 49, founded Sau San Tong in 2000, and led Sau San Tong successfully listed on the Stock Exchange of Hong Kong in 2003. In 2004, she was awarded as one of the ?100 Outstanding Women Entrepreneurs in China?

by the Women Enterprises' Association of China. In 2006, Dr. Cheung was awarded as one of the ?World Outstanding Chinese? by the World China Business Investment Foundation.

Dr. Cheung founded the Shirley Cheung Charity Foundation in 2012, which is granted as an approved charitable organization, and served as the chairlady to lead the foundation to participate in social welfare services and fulfill social responsibilities. She was awarded the ?Caring Ambassador? by the Hong Kong Council of Social Service from 2007 to 2022.

Dr. Cheung is currently the honorary advisor of the Against Elderly Abuse of Hong Kong, the vice chairman of the Shanghai Soong Ching Ling Foundation Maternal and Infant Safety Fund, and the chairman of the Food for Good Community Kitchens, to spare no effort in improving the lives of various recipients such as the elderly and children. Dr. Cheung has served as a mentor of the Business-School Partnership Program of the Young Entrepreneur Development Council for many times, and a committee member of the Employer Advisory Committee of the Hong Kong College of Technology, allowing young people to understand the industry environment and provide professional industry advice. Dr. Cheung holds an Honorary Doctorate degree from Armstrong University, U.S.A. and an Executive Master degree of Business Administration from Peking University.