Hi-Level Technology Holdings Limited announced that Mr. Wei has resigned as executive Director of the Company with effect from 31 January 2024 and Mr. Jeffrey Yim has been appointed as executive Director of the Company with effect from 1 February 2024. Mr. Yim Tsz Yu, Jeffrey, aged 30, holds a Bachelor's degree from Cass Business School, City University of London in United Kingdom and a Master's degree in China Business Studies at Hong Kong Polytechnic University. He has over 5 years of experience in display and lighting product industry.

Before joining the Company, he was the business development manager of S.A.S. Lighting Company Limited since 2019, a wholly-owned subsidiary of S.A.S. Dragon Holdings Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Mr. Jeffrey Yim is currently a member of Hong Kong CPPCC Youth Association, a member of Area Committee (Kwai Chung North East), a member of Hong Kong Electrical Appliance Industries Association, a member of Rehabilitation Committee on Community Support for Rehabilitated Offenders, a committee of Tsuen Wan Lightings Festival and a president of Kwai Tsing District JPC Honorary President Council. He is a son of Dr. Yim Yuk Lun, Stanley BBS JP, an executive Director and a controlling shareholder of the Company.

His older brother, Mr. Yim Tsz Kit, Jacky is a Chairman and an non-executive Director of the Company. The Board further announces that Mr. Wei has resigned as executive Director with effect from 31 January 2024 as he wishes to devote more time for his personal commitments. Mr. Wei has confirmed that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.