Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited announced that Ms. Chan Tsz Yu has tendered her resignation as (i) the joint company secretary of the Company (ii) an alternate to authorised representative. The Board further announces that Mr. Lai Wai Leuk has been appointed as a Joint Company Secretary, the Alternate Authorised Representative, the Authorised Representative and the Process Agent with effect from 31 July 2022. Mr. Lai, who is aged 45 and currently not an employee of the Company, will be appointed as a Joint Company Secretary with effect from 31 July 2022. From May 2000 to January 2004, Mr. Lai worked at Fung, Yu & Co., Certified Public Accountants. He also served successively as accountant, assistant manager and manager of KPMG from January 2004 to October 2009. Mr. Lai was transferred to KPMG Advisory (China) Limited from November 2009 to May 2012 and was a senior manager at the time of leaving. He also served as chief financial officer of Aujet Industry Limited from May 2012 to August 2013. Mr. Lai was the chief financial officer, company secretary and one of the authorised representatives of Billion Industrial Holdings Limited (stock code: 2299), a company listed on the Main Board of the Stock Exchange, from October 2013 to July 2021. Mr. Lai is currently an independent non-executive director of Boer Power Holdings Limited (stock code: 1685), a company listed on the Main Board of the Stock Exchange. He has more than 20 years of experience in auditing, accounting and corporate secretarial field. Mr. Lai is a member of the Hong Kong Institute of Certified Public Accountants, a member of CPA Australia and an associate member of the Hong Kong Chartered Governance Institute (formerly known as the Hong Kong Institute of Chartered Secretaries). Mr. Lai received his bachelor's degree of Commerce major in Accountancy from the University of Wollongong in Australia in December 1999 and obtained the master of Corporate Governance from the Hong Kong Polytechnic University in September 2017. Mr. Xu has served as a staff in charge of information disclosure of Company since April 2018 and as the Joint Company Secretary since August 2018. Mr. Xu is primarily responsible for
overseeing corporate governance, compliance, risk management and company secretarial matters of Group. Mr. Xu also served as an office manager of Company from September 2016 to April 2018, where he was responsible for overseeing the daily operations, compliance and secretarial matters of Company. Mr. Xu graduated from the University of Wales, the United Kingdom with a bachelor degree of arts, majoring in art and design (3D computer animation) in August 2016.