NNK Group Limited announced that Mr. Zhang Mingqun appointed as an independent non-executive Director, the chairman of the remuneration committee of the Board and a member of the audit committee of the Board with effect from 24 May 2023. Mr. Zhang, aged 47, has over 20 years of experience in supply chain management, financial trading, commodity trading, investment and energy industry. Mr. Zhang was the partner of C&Y Global Inc., a company primarily engaged in the wholesale export of scrap metal in the global market, between March 2008 to October 2016, which he was mainly responsible for handling metal and commodity trading matters.

Mr. Zhang also served as the managing director of a private equity investment institution, namely Nio Capital, between November 2016 to October 2018, which he was mainly responsible for the overall management of the investment and financing business of the corporation. Mr. Zhang is currently an investment and operation partner of Starquest Capital Equity Investment Management (Shenzhen) Co. Ltd. and is responsible for the overall management of the company's operation.

Mr. Zhang received a bachelor's degree in Computer Science from York University in June 2001 and a master's degree in Business Administration from PBC School of Finance, Tsinghua University in May 2023. Mr. Zhang was Vice President of the energy division of the Asia Pacific of General Electric Company (a company listed on New York Stock Exchange, stock code: GE) between October 2003 to February 2008.