The board of directors of North Mining Shares Company Limited announced that Mr. Huang Zhidan has been appointed as an executive director with effect from 29 November 2023. Mr. Huang, aged 56, postgraduate degree in economic management from GuangDong Academy of Social Sciences in 2002, he has in-depth knowledge and experience in corporate finance. He is the board chairman of SFund International Investment Fund Management Limited and the chief operational officer of Guangzhou Industrial Investment Fund Management Co., Ltd, the substantial shareholder of SFund International, both since September 2021.

SFund International was one of the creditors under the scheme of arrangement of the Company which would become a shareholder of the Company pursuant to the terms of the scheme of arrangement. Prior to joining SFund International, Mr. Huang was a party committee member and vice president of China Zheshang Bank Guangzhou Branch from June 2015 to September 2020. From July 2022 to July 2023, Mr. Huang worked as an executive director for Magnus Concordia Group Limited.

Mr. Huang has entered into a service contract with the Company for acting as an executive Director commencing on 29 November 2023.