The board of directors of China Baoli Technologies Holdings Limited announced that Mr. Wang Bin (Mr. Wang) has been appointed as an executive Director with effect from 7 July 2023. Mr. Wang Bin, aged 45, obtained his associate degree in human resource management from Shenzhen University in the PRC in January 2021, and completed the advanced management programme provided by China Europe International Business School in the PRC in March 2019. Mr. Wang has over 10 years' corporate management experience including strategic planning and business development in the commercial concrete industry, and he has also engaged in various business relating to the commercial concrete industry including the production research and sales of commercial concrete, commercial concrete admixtures and associated chemicals such as polyether monomers in the PRC and Southeast Asia.

Mr. Wang is also involved in the PRC real estate development and construction materials business.