Gushengtang Holdings Limited Board announced that Ms. Ho Yin Kwan has tendered her resignation as the Joint Company Secretary, the Process Agent and the Authorized Representative with
effect from June 26, 2024. Ms. Ho has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange. Following the resignation of Ms. Ho, the Board announced that Mr. Cheung Kai Cheong Willie (Mr. Cheung) has been appointed as the Joint Company Secretary, the Process Agent and the Authorized Representative with effect from June 26, 2024. Mr. Yu Peng (Mr. Yu) will remain as the other Joint Company Secretary. Mr. Yu Peng, aged 35, was appointed as one of the Joint Company Secretaries on August 21, 2023. Mr. Yu joined the Group in August 2021 and has successively served as deputy legal director and legal director since then. Mr. Yu is mainly responsible for legal compliance, affairs of the Board and corporate governance of the Group. Prior to joining the Group, Mr. Yu served as an associate at Grandall Law Firm (Guangzhou) from June 2015 to October 2019 and an associate at King & Wood Mallesons (Guangzhou) from November 2019 to July 2021. Mr. Yu has received systematic law undergraduate and postgraduate education since September 2008 and obtained his master's degree in law in June 2015 from Xiamen University. Mr. Yu passed the National Judicial Examination in the PRC and obtained his legal professional qualification in September 2012. Mr. Cheung Kai Cheong Willie is a senior manager of SWCS and is mainly responsible for assisting listed companies in professional company secretarial work. Prior to joining SWCS, he served as the company secretary and finance controller of certain companies whose shares are listed on the Stock Exchange. He has more than 20 years of professional experiences in company secretarial, accounting and finance matters. He is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom. He obtained a Bachelor Degree of Arts (Honors) in Accounting and Finance at the University of Glamorgan in the United Kingdom.