The board of directors of Silkwave Inc. announced that Dr. Liu Hui has tendered his resignation as a non-executive Director and vice-chairman of the company with effect from 18 March 2024. The company announced that with effect from 18 March 2024, each of Mr. Wang Shuhang (Mr. Wang), Mr. Fan Kaiye (Mr. Fan) and Mr. Han Xu (Mr. Han) has been appointed as an executive Director. Ms. Ho Wing Yan (Ms. Ho) has been appointed as a non-executive director with effect from 18 March 2024. Dr. Liu has tendered his resignation as a non-executive Director and Vice-chairman with effect from 18 March 2024 due to his decision to devote more time to his other business commitments. Dr. Liu has confirmed that he has no disagreement with the Board and the Company, and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Mr. Wang, aged 38, has been the general manager of Hangzhou Gaoying Technology Company Limited. Mr. Wang completed his undergraduate degree in International
Trade in Jiangxi Economics and Management College and has over 15 years of experience in e-commerce business. Mr. Wang was an executive director of Sino Vision Worldwide Holdings Limited from 26 October 2022 to 19 April 2023. Mr. Fan, aged 48, graduated from Fudan University with a Master degree in Software Engineering in 2012. He has over 20 years of experience in software technology management and extensive experience in enterprise practice and system implementation. Mr. Fan was an executive director of Lamtex Holdings Limited from 1 June 2018 to 21 December 2018. Mr. Han, aged 39, graduated from Heilongjiang University in 2007 with a bachelor's degree in tourism management. He is currently serving as a director and general manager of Guiyang Versailles Hotel Management Company Limited. Besides, he has nearly 8 years of experience in tourism profession. The Board announced that with effect from 18 March 2024, Ms. Ho has been appointed as a non- executive Director. Ms. Ho, aged 42, holds a Bachelor Degree of Business Administration in Applied Economics from Hong Kong Baptist University and a Master Degree of Corporate Governance from The Open University of Hong Kong (currently known as Hong Kong Metropolitan University). Ms. Ho is an Associate Member of both The Hong Kong Chartered Governance Institute (HKCGI) and The Chartered Governance Institute. She is also a holder of the Practitioner's Endorsement issued by HKCGI. Ms. Ho is a director of BMI Listed Corporate Services Limited and is responsible for managing the business operations of the company secretarial and administrative services for the reputable listed groups in various industries. She has extensive experience in a diversified range of professional corporate services for Hong Kong and offshore companies from various business sectors. Ms. Ho particularly specializes in corporate governance advisory, corporate restructuring, corporate financing and directors' professional development with emphasis on listed companies and she continues to advise on these matters on a consultancy basis. Ms. Ho actively participates in the formulation and execution of strategy at the companies. She has been providing practical professional services to companies listed on the Main Board and the GEM of the Stock Exchange for over 15 years. Ms. Ho currently serves as the company secretary and authorised representative of the Company, a non- executive Director of China Beidahuang Industry Group Holdings Limited and an Independent Non-executive Director of Solowin Holdings.