Tongda Hong Tai Holdings Limited announces that with effect from 29 September 2023: Mr. Wang Ya Nan ("Mr. Wang") has resigned as a non-executive Director of the Company, the Chairman of each of the Board and the nomination committee (the "Nomination Committee") of the Company, and an authorised representative of the Company and an authorised representative of the Company for accepting the service of process and notices on the Company's as he would like to devote more time to his personal affairs and business; Mr. Sun Wai Hong ("Mr. Sun") has resigned as an independent non-executive Director of the Company and member of each of the audit committee (the "Audit Committee"), the remuneration committee (the "Remuneration Committee") and the Nomination Committee of the Company as he would like to devote more time to his personal affairs and business; Mr. Chan Shiu Man, currently being a member of the Nomination Committee of the Company, has been appointed as the chairman of the Nomination Committee; Mr. Wan, Aaron Chi Keung ("Mr. Wan") has been appointed as an independent non-executive Director of the Company and member"), has been appointed as an independent non-executive Director of the Company and member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; Mr. Chan Luk On has been appointed as an independent non-executive Director of the Company and member of each of the Audit Committee, the Remuneration Committee and the Nomination Committee; Mr. Lee King On Jeff, the executive Director and the company secretary of the Company, has been appointed as an authorised representative of the Company to fill the vacancy of the authorised representative following the resignation of Mr. Wang as a non-executive Director of the Company. Mr. Wan, Aaron Chi Keung, BBS, JP, aged 74, obtained an Executive Master of Business Administration from The Chinese University of Hong Kong in 2008 and a Master of Buddhist studies from The University of Hong Kong in 2010. Mr. Wan was appointed as a Justice of the Peace (JP) in 1997 and was awarded the Bronze Bauhinia Star (BBS) in the Hong Kong Special Administrative Region 2004 Honours List.

Mr. Wan is engaged in the business of property and chattel valuation and auction and has over 37 years of related experience. Mr. Wan is a fellow of The Royal Institution of Chartered Surveyors, an associate of The Institution of Business Agents, an associate of The Land Institute (London), an associate of The Chartered Institute of Arbitrators and a fellow of The Institute of Administrative Accounting. Mr. Wan is currently appointed as the chairman of the board of Associated Surveyors & Auctioneers Limited, the chief auctioneer of Pruden Asset Consulting and Auctioneers Limited, the honorary chairman of Prucom Digital Solutions Limited, the program presenter of Radio Television Hong Kong TV Programming and Administration Unit "New Legco Review", the program host of Now TV "Comprehensive current affairs", the chairman of EN Lighting Solutions Company Limited and Associated Credit Management Limited, the independent non-executive director of Lee & Man Chemical Company Limited (a company listed on the main board of the Stock Exchange, stock code: 746) and CNC Holdings Limited (a company listed on GEM of the Stock Exchange, stock code: 8356).

He was an independent non-executive director of Universe Printshop Holdings Limited (a company listed on GEM of the Stock Exchange, stock code: 8448) from February 2018 to July 2022. Mr. Chan Luk On, aged 62, is a senior educator in Hong Kong, especially in national education and innovation and technology education. Mr. Chan Luk On graduated from the Far Eastern Aviation School majoring in radio communications engineering.

Mr. Chan Luk On has more than 35 years of experience in education and talent training and has established a number of cram schools and training institutions. Mr. Chan Luk On has established multiple cram schools in Hong Kong and has assisted its students to achieve excellent results. He is currently the Director-General of the International Cultural Exchange Center of the Hong Kong Federation of Education Workers and at the same time, he is also the director of the Innovation and Technology Education Center of the Hong Kong Federation of Education Workers, promoting innovation and technology knowledge among teachers in Hong Kong and the Greater Bay Area, and has cooperated with many well-known high-tech companies, such as SenseTime, China Mobile and NetDragon Websoft in the PRC.

In addition, Mr. Chan Luk On serves as a consultant and voluntary work for a number of social groups, such as, the Secretary General of the Hong Kong Scientists Association, the Vice Chairman of the Society of Hong Kong History, member of the Animal Experimentation Ethics Committee of The Chinese University of Hong Kong, consultant of the Good Home Good Man Association, etc.