The board of directors of Smart-Core Holdings Limited announced that with effect from 4 September 2023: Mr. Zheng Gang has been redesignated from being an independent non-executive Director to an executive Director, and ceased to be the members of each of the audit committee of the Board and remuneration committee of the Board; and Ms. Xu Wei, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee. The biographical details of Mr. Zheng are set out as follows: Mr. Zheng, aged 55, was appointed as an independent non-executive Director of Company on 16 March 2016. Mr. Zheng has been the executive director of Yield Go Holdings Ltd., a company listed on The Stock Exchange of Hong Kong Limited since 1 October 2022.

He was the executive director of Good Fellow Healthcare Holdings Limited (formerly known as Hua Xia Healthcare Holdings Limited), a company listed on the Stock Exchange (stock code: 8143) from August 2007 to 22 August 2023, a non-executive director of New Provenance Everlasting Holdings Limited, a company listed on the Stock Exchange from May 2018 to November 2019, and also an independent non-executive director of Opes Asia Development Limited (currently known as China Castson 81 Finance Company Limited), a company listed on the Stock Exchange from July 2012 to May 2013. Mr. Zheng has extensive experience in management in the finance and investment industry. Mr. Zheng obtained a degree in Bachelor of Electronic Engineering from Xiamen University in July 1989 and a degree of Master of Business Administration from University of Wales in April 1994.

Save as disclosed above and as at the date of this announcement, Mr. Zheng does not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or any other position with the Company and other members of the Group or other major appointments and professional qualifications.