Perfectech International Holdings Limited announces that Mr. Li Shaohua ("Mr. Li'') has resigned from his position as the chief executive officer of the Company with effect from 17 November 2022, due to work adjustment and changes in his role in the Company, but he will continue to serve the Company as an executive Director and an authorised representative. The Board is in the process of identifying suitable candidate to fill the position of chief executive officer and will use its best endeavours to ensure that suitable candidate is appointed as soon as practicable. In the meantime, the duties of the chief executive officer will be undertaken and performed by members of the Board collectively.

The Company will make further announcement(s) as and when appropriate.