The board of directors of Wison Engineering Services Co. Ltd. announced that Mr. Zhou Yu (``Mr. Zhou'') has been appointed as chief financial officer of the Group, with effect from 19 February 2024. Mr. Zhou Yu, aged 45, an executive director of the Company and the chief financial officer of the Group, is mainly responsible for overseeing the finance and treasury function of the Group.

He has extensive experience in the fields of financial controlling, corporate finance and international tax planning. Prior to joining the Company, Mr. Zhou served as the chief financial officer and senior vice president of Energas Gas Group -- OPRA Gas Turbine from September 2019 to February 2024. From September 2017 to September 2019, he served as the chief financial officer of Shanghai Xusen Group.

Prior to that, he held the positions as financial controller and finance department head in various companies, including State Grid Yingda Co. Ltd., Jiangsu Huachang Chemical Co. Ltd. and other private enterprises in the People's Republic of China.

Mr. Zhou obtained a bachelor's degree in accounting from Shanghai University of Finance and Economics in June 2001 and a master's degree in accounting from Shanghai Jiao Tong University in June 2010. He obtained advanced diploma in management accounting of the Chartered Institute of Management Accountants in 2011. Mr. Zhou has entered into a service agreement with the Company for an initial term of three years commencing from 19 February 2024.

Notwithstanding the above, according to the articles of association of the Company, Mr. Zhou will hold office until the next following annual general meeting of the Company and shall be eligible for re-election, and thereafter Mr. Zhou will be subject to retirement by rotation and re-election at least once every three years in accordance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ``Listing Rules'').