Sino Splendid Holdings Limited announced that with effect from 1 February 2024, Mr. Yu Tat Chi, Michael ("Mr. Yu") has been promoted as an executive Director. Mr. Yu is currently the Company Secretary and the Authorized Representative of the Company since 19 November 2021. Mr. Yu, aged 59, holds a Bachelor of Commerce degree from the University of New South Wales, Australia.

He is a fellow member of the CPA Australia and a member of the Hong Kong Institute of Certified Public Accountants. Mr. Yu is also a founding member of The Hong Kong Independent Non-Executive Director Association. Mr. Yu has many years of experience in accounting, corporate finance and asset management.

He had held senior management positions in listed companies in0 Hong Kong. Mr. Yu is currently an independent non-executive director of Golden Resources Development International Limited (a company listed on the Stock Exchange, stock code: 677); Applied Development Holdings Limited (a company listed on the Stock Exchange, stock code: 519); China Netcom Technology Holdings Limited (a company listed on the Stock Exchange, stock code: 8071); Lerado Financial Group Company Limited; Harbour Digital Asset Capital Limited and WT Group Holdings Limitedrespectively. Ms. Yang Shuyan has resigned as an independent non-executive director, a chairman of each of the audit committee ("Audit Committee"), the nomination committee ("Nomination Committee") and the remuneration committee ("Remuneration Committee") of the Board due to her other commitments which require more of her time with effect from 1 February 2024.

Ms. Yang has confirmed that she has no disagreement with the Board and there was no other matter relating to his resignation that needed to be brought to the attention to the shareholders of the Company and The Stock Exchange of Hong Kong Limited. The Board further announces that with effect from 1 February 2024, Mr. Yeung Man Sun, Terence (Former name: Yeung Hiu Chong and Yeung Yiu Chong) (" Mr. Yeung ") has been appointed as an independent non-executive Director and a Chairman of each of the Audit Committee, the Nomination Committee and the Remuneration Committee. Mr. Yeung, aged 43, he is currently a senior management of a Hong Kong listed company and runs his own certified public accountant's firm.

He has 20 years of experience in auditing, taxation, financial management and advisory services field for an international accounting firm, several corporations and other listed companies. Mr. Yeung holds a Bachelor 's Degree of Business Administration (Honours) in Accountancy from City University of Hong Kong and a Master's Degree in Corporate Governance from The Hong Kong Polytechnic University. He is an associate member of The Hong Kong Institute of Certified Public Accountants, The Chartered Governance Institute and The Hong Kong Chartered Governance Institute as well as a member of the Society.