The board of directors of Oriental University City Holdings (H.K.) Limited is announced that, with the recommendation of the nomination committee of the Board, the Board has appointed Mr. LGL as an independent non-executive Director with effect from July 25, 2023. The biographical details of Mr. LGL are set out below. Mr. LGL, aged 43, graduated from Hebei University of Economics and Business in 2001 with a diploma of accounting and has been conferred as a qualified accountant by Ministry of Finance of the People's Republic of China since 2005.

Mr. LGL has extensive experience in financial management, enterprise tax planning and industrial park operation. From 2004 to 2017, Mr. LGL was the chief financial officer of Langsen Automotive Industrial Park Development Co. Ltd. and was mainly responsible for the investment and financing business of the Langsen Group.

He has also involved in certain corporate transactions of the Langsen Group, among others, participated in the establishment of Beijing Life Insurance Limited acquisitions of Tianjin Yuhanyao Graphene Store Energy Material Technology Co. Ltd. and Langfang Xinhe Software Investment Co. Limited.

From 2017 to 2018, Mr. LGL served as the general manager and an executive director of Xinhe Software which was mainly engaged in the operation and development of high-tech industrial park, and Mr. LGL was responsible for the development of the education technology sector of the industrial park. Since 2018, Mr. LGL serves as an executive director of Langfang Yuhe Park Construction Co. Ltd. which mainly engages in the development of high-tech incubation business.

Mr. LGL is responsible for the development and operation of the incubation park. The Board announces the following changes in the composition of various Board committees of the Company, with effect from July 25, 2023: Mr. LGL has been appointed as the chairman of the Remuneration Committee and a member of each of the audit committee of the Board and the Nomination Committee; and Mr. Teh has been appointed as the chairman of the Nomination Committee and ceased to act as the chairman and a member of the Remuneration Committee.