The Board of Smart-Core Holdings Limited announced that Dr. Xue Chun has been appointed as an independent non-executive Director and a member of the Audit Committee with effect from 4 December 2023. Dr. Xue, aged 49, has more than 25 years' of experience in the field of computer sciences and machine learning systems. Dr. Xue obtained a bachelor of science in computer science engineering in May 1997 from the University of Texas at Arlington, a master of science in computer science in December 2002 and a PhD in computer science in May 2007 from the University of Texas at Dallas. He has been working at the Department of Computer Science at the City University of Hong Kong since July 2007 where he was an assistant professor and was then promoted to an associate professor in July 2016.

He is currently a professor at the City University of Hong Kong since March 2022. Following the appointment of Dr. Xue, (i) the Board comprises three independent non- executive Directors and the Company has appointed independent non-executive Directors representing a minimum of one-third of the Board as required under Rules 3.10(1) and 3.10A of the Listing Rules; and (ii) the Audit Committee comprises three members which fulfils the requirement under Rule 3.21 of the Listing Rules and the terms of reference of the Audit Committee.