The board of directors of Sheung Yue Group Holdings Limited announced Mr. Lui Shun Wa Alexander (?Mr. Lui?) has retired as the Financial Controller of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited with effect from 22 February 2024 due to the reaching of his retirement age. Mr. Lui has confirmed that he has no disagreement with the Board and there is no other matter relating to his retirement that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (?Stock Exchange?) or the shareholders of the Company. The Board also announced that the Company has appointed Mr. Wong King Sum (?Mr. Wong?) as the Financial Controller, with effect from 22 February 2024.

Mr. Wong holds a Bachelor's degree of Business Administration from The Hong Kong Polytechnic University and a Master of Science degree from Hong Kong Baptist University. Mr. Wong is a member of CPA Australia and an associate member of The Hong Kong Chartered Governance Institute. Mr. Wong has over 13 years of experience in accounting, auditing, compliance and corporate finance with international Certified Public Accountants firms, various sizable corporations and listed companies in Hong Kong.