The board of directors of XiangXing International Holding Limited announced that Ms. Wong Tuen Sau has resigned as the company secretary of the Company; an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and the authorised representative of the Company for accepting service of process and notices on the Company's behalf in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the Process Agent), in each case, with effect from 31 May 2023. Following the resignation of Ms. Wong, the Board also announced that Mr. Yuen Chi Wai has been appointed as the Company Secretary, an Authorised Representative and the Process Agent, in each case, with effect from 31 May 2023. Mr. Yuen, FCPA, aged 47, obtained his bachelor of commerce in accounting and finance degree from The University of New South Wales in April 1998.

He was admitted as a fellow of the Hong Kong Institute of Certified Public Accountants in March 2013 and a fellow of CPA Australia in July 2014. Mr. Yuen is experienced in auditing, corporate internal control, as well as financial and risk management. Mr. Yuen was an independent non-executive director of Central China Securities Co.

Ltd. from June 2014 to June 2021. Mr. Yuen has been the joint company secretary of Zhixin Group Holding Limited since May 2019. Mr. Yuen has also been the company secretary of Sino-Entertainment Technology Holdings Limited since July 2021.

Mr. Yuen has been the Managing Director of Venture Executive Services Limited since August 2014, which is principally engaged in provision of company secretarial and other corporate services to various listed and unlisted companies.