Yuanda China Holdings Limited announced that Mr. Ha Gang ("Mr. Ha") has been appointed as an independent non-executive director of the Company, a member of the audit committee and the remuneration committee of the Company with effect from 17 January 2024. The biographical details of Mr. Ha are set out as follows: Mr. Ha, aged 57, graduated from Dalian University of Technology with a bachelor's degree in law in 1987 and obtained a master's degree in law from Tsinghua University in January 2005. He has been a professor and a master tutor of Liaoning University of Traditional Chinese Medicine since July 1987, and has been an independent director of Shenyang Machine Tool Co.

Ltd. since November 2022. Mr. Ha served as an independent director of Shenyang Jinbei Automotive Co. Ltd. (a company listed on the Shanghai Stock Exchange, stock code: 600609) from 6 August 2019 to 6 September 2022, and an independent director of Shenyang Yuanda Intellectual Industry Group Co.

Ltd. (a company listed on the Shenzhen Stock Exchange, stock code: 002689) from 14 July 2017 to 30 July 2020. Mr. Ha has entered into an appointment letter with the Company for a term of three years commencing from 17 January 2024 and is entitled to an annual director's fee of HKD250,000, which was determined based on his duties and responsibilities in the Company and the prevailing market conditions. Mr. Ha will hold office until the next annual general meeting of the Company and shall then be eligible for re-election in accordance with the articles of association of the Company.