The board of directors of SIM Technology Group Limited announced that, with effect from 28 September 2023, Mr. Liu Jun has resigned as an executive Director due to his health issue. Following his Resignation, Mr. Liu will continue to serve as the chief technical officer of the Group. The Board also announced that with effect from 28 September 2023, Mr. Zhu Qi has been appointed as an executive Director.

Mr. Zhu, aged 43, is the chief operating officer (COO) of the Group's operational headquarters (PRC Headquarters) in the People's Republic of China (PRC). He is responsible for the deliveries, operation, production and manufacturing, quality control and information technology of the Group's business in the PRC. Since 30 September 2022, Mr. Zhu has also been a core member of the Group's administration team in the PRC Headquarters, which performs the roles and duties of the chief executive officer of the Group.

Mr. Zhu obtained a bachelor's degree in electrical automation from Shanghai University in 2002, minoring in computer science and technology. Mr. Zhu joined the Group in 2003. Prior to becoming the COO in 2020, Mr. Zhu had served in various departments of the Group including the technology research and development department, the sales and marketing department and the resource department.

He has extensive experience in the electronics and telecommunications industry, especially in market and product development and project management.