Wai Chun Bio-Technology Limited announced that (i) Ms. Hong Ting ("Ms. Hong") has resigned as an independent non-executive Director ("INED") of the Company with effect from 1 April 2024 in order to devote more time to her personal commitments; and (ii) Mr. HE Tao ("Mr. HE") has been appointed as an INED with effect from 1 April 2024. Mr. HE has been appointed as an INED with effect from 1 April 2024. Mr. HE, aged 62, has been the general manager of Creation Way (China) Holding Group Limited and the chief executive officer of Bestway (International) Holdings Limited since October 2023.

From July 2002 to August 2023, Mr. HE successively served as a deputy director of the Guangzhou office, a deputy director and deputy general manager, and a vice president of the Guangdong branch of the Guangdong News Center, the general manager of the distribution centre of Hong Kong Wen Wei Po and of Hong Kong Ta Kung Wen Wei Media Group, and the general manager and an assistant to the general manager of the group of Hong Kong Wen Wei Po and Hong Kong Ta Kung Wen Wei Media Group. From July 1989 to June 2002, Mr. HE successively served as a section member, section chief, deputy director in the Information Department of the Guangdong Provincial Committee of the China Council for the Promotion of International Trade, and the general manager of the Guangdong International Economic and Trade Service Centre. Mr. HE obtained a bachelor's degree of engineering in computer engineering from South China Institute of Technology (subsequently renamed as "South China University of Technology") in July 1982 and a master's degree in engineering from South China University of Technology in June 1989.

Change in compositions of the board committees: Ms. Hong has ceased to be the chairman of the audit committee of the Company, and a member of each of the nomination committee and remuneration committee of the Company with effect from 1 April 2024; and Mr. HE has been appointed as the chairman of the remuneration committee, a member of each of the audit committee and the nomination committee of the Company with effect from 1 April 2024.