The board of directors of Winshine Science Company Limited announced that Mr. Weng Zudian has been appointed as an executive Director and a member of the remuneration committee of the Company with effect from 29 June 2023. Mr. Weng, aged 43, has over 20 years of multi-national experience in banking and corporate finance sectors. From 2011 to 2018, he has worked as the manager for the Bank of China Tokyo Branch.

He is currently involved in enterprise consultancy services for strategic, corporate structure restructuring, corporate mergers and acquisitions. Mr. Weng obtained a Bachelor of Fine Arts from Osaka University of Arts in 2008. Pursuant to the letter of appointment entered into between the Company and Mr. Weng, he has been appointed for a term of three years commencing from 29 June 2023 and is subject to the provision of retirement by rotation and re-election at the annual general meeting of the Company at least once every three years in accordance with the articles of association of the Company.

In addition, the Board further announces that with effect from 29 June 2023: Mr. Jiang Qinghui has ceased to be the member of the Remuneration Committee; and Mr. Weng has been appointed as the member of the Remuneration Committee.