The board of directors of China Silver Technology Holdings Limited announced that on 30 May 2022, Ms. Liang Jiaxin was appointed as an executive Director of the Company with immediate effect. Ms. Liang Jiaxin aged 27, has experience working on investment projects with a financial investment holding company in Shenzhen, China prior to joining the Group. Ms. Liang studied correspondence college degree in accountancy at Southwest University, China.

There is no service contract or fixed term of service between the Company and Ms. Liang. Her appointment is subject to retirement and re-election at general meeting pursuant to the Articles of Association of the Company. Ms. Liang is entitled to director's remuneration of HKD 20,000 per month, which was determined by the Board following the recommendation of the remuneration committee of the Company, taking into account Ms. Liang's skill, knowledge and experience and her duties and responsibilities with the Company.

Ms. Liang confirmed to the Company that save as disclosed above, as at the date of this announcement: (a) she does not hold, and has not in the last three years held, any directorship in other public listed companies in Hong Kong or overseas; (b) she does not hold any other positions in the Group; (c) she does not have any relationships with any other directors, senior management, substantial shareholders or controlling shareholders of the Company; (d) she does not have any interest in the shares of the Company. Prior to joining the Group, Ms. Liang worked for five years at a financial investment holding company named Shenzhen Dapeng Wealth Financial Holding Co. Ltd. whose scope of business include the engagement in financial outsourcing services entrusted by financial institutions, entrusted asset management, supply chain management, equity investment, investment in industrial development, leasing and real estate development.

Based on the information provided by Ms. Liang, her last position with the Financial Holding Company was Vice President, and her responsibilities during her employment with the Financial Holding Company include the sourcing of, and the due diligence on, investment projects, organising directors' training, assisting directors in management, rules and compliance, and conducting research on capital markets and industry analysis.