The board of directors of China Treasures New Materials Group Ltd. announced that Mr. Yeung Kwong Wai ("Mr. Yeung") has tendered his resignation as (i) the company secretary of the Company (the "Company Secretary"); (ii) the authorised representative for accepting service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Companies Ordinance"); and (iii) an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules") with effect from 1 July 2024. The Board further announces that Ms. Wong Po Lam ("Ms. Wong") has been appointed as (i) the Company Secretary; (ii) the authorised representative for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance; and (iii) an authorised representative under Rule 3.05 of the Listing Rules with effect from 1 July 2024. Ms. Wong has approximately 11 years of experience in financial reporting, auditing, financial management, corporate secretarial and regulatory compliance in listed companies in Hong Kong.

Ms. Wong is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants. She obtained a Bachelor Degree in Accounting from the City University of Hong Kong in July 2012.