The board of directors of Hang Yick Holdings Company Limited announced that Mr. Chan Man Kiu has resigned as an executive Director due to his other business engagement with effect from 20 May 2024. The board announced that, with effect from 20 May 2024, Mr. Law Hok Yu has been appointed as an executive director of the Company. Mr. Shi Jianwen has been appointed as an independent non-executive director of the Company.

Mr. Law: Mr. Law Hok Yu, age 34, has been appointed as an executive director with effect from 20 May 2024. Mr. Law has over 10 years of experience in auditing, accounting and corporate finance, which is derived from his previous working experience in an international accounting firm and a company listed on the Main Board of Hong Kong. Mr. Law obtained a Bachelor of Business Administration Degree in Accountancy from the Hong Kong Polytechnic University in 2015.

He is a member of the Hong Kong Institute of Certified Public Accountants. Mr. Shi: Mr. Shi Jianwen, age 30, has been appointed as an independent non-executive director with effect from 20 May 2024. Mr. Shi has over 7 years of experience in corporate operation and management in the financial leasing industry.

Since 2020, he has worked in Shenzhen Zhongzhu Kaixuan Supply Chain Management Co. Ltd. and is currently the general manager. Prior to 2020, he also worked in Shenzhen BYD International Financial Leasing Co.

Ltd. and Hengtai International Financial Leasing Co. Ltd., as a project manager and account manager respectively. Mr. Shi obtained a bachelor's degree in Economics from Zhuhai College of Beijing Institute of Technology in 2017.

Mr. Shi has been appointed as a member of the Audit Committee, a member of the Nomination Committee and a member of the Remuneration Committee with effect from 20 May 2024.