The Board of directors of Sincere Watch (Hong Kong) Limited announced that with effect from 12 May 2023, Mr. Cheng Sing Kau Colman (Mr. Cheng'') has been appointed as an Independent Non-executive Director and a member of the Audit Committee of the Company. Mr. Cheng, aged 54, is currently the senior management of Greater China Financial Holdings Limited, the shares of which are listed on The Stock Exchange of Hong Kong Limited (Stock Exchange''). Mr. Cheng has over 25 years of experience in auditing, accounting and finance.

He has held various senior accounting and finance positions in sectors of loan financing, property development, insurance brokerage, public relations, securities trading, advertisement, and information technology consulting business. Mr. Cheng is a member of the CPA Australia and a fellow member of the Hong Kong Institute of Certified Public Accountants. He received a Bachelor Degree of Business (major in Accounting) from Edith Cowan University, Australia.