The board of Hingtex Holdings Limited announced that Mr. Wong Ming Bun David has been appointed as an independent non-executive Director with effect from 9 August 2022. The biographical details of Mr. Wong are set out as follows: Mr. Wong, aged 49, obtained a Bachelor of Commerce degree in Accounting and Finance from the University of Toronto in June 1995. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Hong Kong Institute of Certified Public Accountants (HKICPA), a Certified Management Accountant of the Institute of Management Accountants and a Certified ESG Planner of the International Chamber of Sustainable Development.

Mr. Wong has over 20 years of senior management, professional capital market, financial investment and asset management experience. From 2005 to 2017, Mr. Wong was a senior vice president at Franklin Templeton Darby Private Equity responsible for deal origination, execution and monitoring and was involved in fundraising for regional growth capital funds with a primary focus on private credit and mezzanine financing in the People's Republic of China (the ``PRC'') and the Southeast Asia region. From 2000 to 2005, he was an equity research analyst in Citigroup Smith Barney's Asia Pacific Consumer Research team, covering a portfolio of listed companies in Hong Kong, Taiwan, South Korea, Indonesia, Singapore and Malaysia.

From 1996 to 2000, Mr. Wong worked at PricewaterhouseCoopers focusing on banking and capital market assurance and business advisory services. Mr. Wong is currently a non-executive director of China Rongzhong Financial Holdings Company Limited (``China Rongzhong'', stock code: 3963), which is principally engaged in the business of provision of financial leasing services in the PRC. He is also the chief executive officer and an executive director of Goldbond Group Holdings Limited, a controlling shareholder of China Rongzhong, responsible for designing, planning and implementing the overall strategic direction of the company's financial services and Internet- of-Things businesses in the PRC.

In accordance with the Articles, Mr. Wong will hold office until the first annual general meeting of the Company after his appointment and will be eligible for re-election at such meeting. The Board of the company is also to announced that Mr. Wong has been appointed as the chairman of each of the remuneration committee and nomination committee of the Company and a member of the audit committee of the Company, with effect from 9 August 2022.