The board of directors of Poly Culture Group Corporation Limited announced that Ms. WANG Wei ("Ms. WANG") has ceased to serve as a joint company secretary of the Company (the "Joint Company Secretary") due to re-allocation of work, with effect from 5 July 2023. The Board further announces that, following Ms. WANG's ceasing to serve as the Joint Company Secretary, Mr. Li Weiqiang ("Mr. LI") has been appointed as a Joint Company Secretary with effect from 5 July 2023. Ms. NG Sau Mei ("Ms. NG") will continue to serve as the other Joint Company Secretary.

Mr. LI Weiqiang, aged 51, joined the Company in 2002 and was appointed as the executive vice general manager of the Company in November 2018 and is currently a member of the Party Committee of the Company. Mr. LI serves as the executive director of the Company from June 2019 to November 2021. He has been appointed as the secretary to the Board since 25 June 2023.

Mr. LI also serves as the chairman of Poly Film Investment Co. Ltd. (), Poly Shixun Technology (Beijing) Co. Ltd., Poly Joy Spreader Digi- Entertainment Co.

Ltd. and Chongqing Poly Wanhe Cinema Circuit Co. Ltd. Mr. Li is a non-executive director of Digital Domain Holdings Limited, the shares of which are listed on the Main Board of the Stock Exchange, and a non-executive director of Straco Corporation Limited, the shares of which are listed on Singapore Exchange Limited. He was director of finance department and director of planning and development department of the Company, director of enterprise development department, director of the office of the board of directors, secretary to the board of directors and dean of strategic research institute of China Poly Group Corporation.

Mr. LI is a member of the Communist Party of China and a senior economist and has extensive experience in corporate management and strategy research. He obtained a master's degree in economics from the Department of Postgraduates of Beijing College of Commerce (), majoring in business administration in 1997 and a doctoral degree in management from University of International Business and Economics Business School, majoring in business administration in 2014. Ms. NG currently serves the director and head of the listing services department of TMF Hong Kong Limited and is responsible for provision of corporate secretarial and compliance services to listed company clients.

Ms. NG currently serves as company secretary or joint company secretary for numerous listed companies. Ms. NG has over 20 years of experience in the professional company secretarial field, and she is a Chartered Secretary, a Chartered Governance Professional and a fellow member of both The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom.