Pou Sheng International (Holdings) Limited (the "Company" and together with its subsidiaries, the "Group") dated 27 June 2022, inter alia, in relation to the appointment of Mr. Wang Jun ("Mr. Wang") as the acting Chief Executive Officer of the Company (the "acting CEO") with effect from 1 July 2022. The board of Directors (the "Board") of the Company is announced that Mr. Wang, the acting CEO, has been re-designated as the Chief Executive Officer (the "CEO") with effect from 15 March 2023. Mr. Wang, aged 54, is currently the acting CEO of the Company and directly in charge of the Merchandise & Retail Business Unit.

He is also a director of various subsidiaries of the Company. He joined the Group as a Vice President, in charge of Brand and Merchandising Management Department in April 2014. Mr. Wang graduated from the Department of Marketing of the Capital University of Economics and Business in Beijing.

He has extensive experience and achievements in strategic planning, sales marketing, product branding and retail operation.