The Board of New Concepts Holdings Limited announced that, with effect from 17 October 2023, Mr. Lin Jiakuang is appointed as a non-executive Director. Mr. Lin, aged 34, is appointed as a non-executive Director with effect from 17 October 2023. He is the founder, sole shareholder and director of the holding company of Yuan Heng Group International Co., Limited.

Prior to this, Mr. Lin was the business manager of Shenzhen Rongan Financing Guarantee Co. Ltd. from November 2011 to June 2012, manager of Shenzhen Huihe Development Co. Ltd. from July 2012 to August 2013, business manager of Shenzhen Qianhai Shanlin Asset Management Co.

Ltd. from May 2014 to July 2015 and general manager Shenzhen Dingyifeng Assets Management Co. Ltd. from February 2017 to October 2018. Mr. Lin obtained a degree in Investment and Financial Management (Independent Undergraduate Section) in 2014 from Zhongnan University of Economics and Law.