The board of directors of Texwinca Holdings Limited announced that Mr. Ng Mo Ping will be appointed as an Executive Director of the Company with effect from 1 April 2024. Mr. Ng Mo Ping, aged 58, is a director and General Manager of Dongguan Texwinca Textile & Garment Limited, a director of Ecotextile (Vietnam) Company Limited and a director of various subsidiaries of the Company. His major responsibility focuses on the textile business of the Company and its subsidiaries (collectively referred to as the Group) in the mainland China and overseas countries.

He joined the Group in 1988 and has more than 35 years' experience in textile production and management, and continues to drive the development of the textile business of the Group. During the year of 2023, Mr. Ng actively participated in the entire negotiation process for the acquisition of a knitted fabric manufacturing plant in Vietnam and contributed to the successful acquisition of the Group. Mr. Ng serves as a vice chairman of Guangdong Association of Garment and Garment Article Industry, a president of Henan Province Garment Association and an honorary adviser of International Quality Service Management Promotion Association.

Save as disclosed above, he did not hold any other directorships in any other listed public companies in Hong Kong and overseas in the last three years or any position with the Company and its subsidiaries. Mr. Ng has entered into a service contract with the Company in relation to his appointment as an Executive Director for a term of three years which shall continue unless and until terminated by either the employer or Mr. Ng by giving not less than 3 months' notice in writing or compensation in lieu. He is subject to retirement at each annual general meeting and is eligible for re-election in accordance with the bye-laws of the Company.