The board of directors of China Anchu Energy Storage Group Limited announced that Mr. Tung Man Chun has tendered his resignation as the company secretary of the Company and will cease to act as (i) the Company Secretary; (ii) an authorised representative of the Company for the purposes of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (iii) the authorised representative for accepting services of process and notices on behalf of the Company in Hong Kong as required under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 29 May 2023. The Board further announces that Mr. ONG Kam Chit Vincent ("Mr. Ong") will be appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 29 May 2023. Mr. Ong graduated from Lingnan University (formerly known as Lingnan College) with a Diploma in Accountancy with honour.

He is a fellow member of the Association of Chartered Certified Accountants and a fellow member of the Hong Kong Institute of Certified Public Accountants. He has more than 30 years of experience in auditing, financial management and accounting. Since May 2023, Mr. Ong is currently also the company secretary, authorised representative and process agent of China Overseas Nuoxin International Holdings Limited.