The board of directors of Diwang Industrial Holdings Limited announced the following changes in the composition of the nomination committee of the Company, which takes effect from 21 April 2023: Mr. Lam Kam Kong Nathaniel will cease to serve as the chairman of the Nomination Committee but will remain as a member of the Nomination Committee; and Mr. Lee Cheung Yuet Horace, currently an independent non-executive Director, member of the Nomination Committee, member of the audit committee of the Company and chairman of the remuneration committee of the Company, will be re-designated to serve as the chairman of the Nomination Committee. The Board announced that Mr. Lui Chi Ho has resigned as a joint company secretary of the Company with effect from 21 April 2023. Following Mr. Lui's resignation, Mr. Chan Ming Kei will act as the sole company secretary of the Company with effect from 21 April 2023.

The Board announced that Mr. Lui and Mr. Chen Hua have ceased to act as authorised representatives of the Company for the purpose of Rule 3.05 of the Listing Rules and Mr. Lui has also ceased to act as Authorised Representative for accepting service of process or notice in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 21 April 2023. With effect from 21 April 2023, to fill the vacancy arising from the resignation of Mr. Lui and Mr. Chen as Authorised Representatives, Mr. Chan and Mr. Lam will be appointed as Authorised Representatives for the purpose of Rule 3.05 of the Listing Rules; and (ii) Mr. Chan will be appointed as Authorised Representative for accepting service of process or notice in Hong Kong under Part 16 of the Companies Ordinance.