The board of directors of Wai Chun Group Holdings Limited announced that Mr. Wan Bo has been appointed as an independent non-executive director, of the Company with effect from 21 November 2022. Mr. Wan, aged 54, has been the general manager of Guizhou Haiming Real Estate Investment Co. Ltd. since 2001.

Mr. Wan also served as the general manager of Guizhou Qianyi Real Estate Development Co. Ltd. from 1991 to 2000. Mr. Wan is an engineer and graduated from East China Jiaotong University with major in Civil Engineering.

Mr. Wan is also currently an independent non-executive director of Wan Chun Bio- Technology Limited, a company listed on The Stock Exchange of Hong Kong Limited. Mr. Wan has been appointed as a member of each of the audit committee, nomination committee and remuneration committee of the Company with effect from 21 November 2022.