The board of directors of Binhai Investment Company Limited announced that Dr. Tang Lai Wah ("Dr. Tang") has been appointed as an independent non-executive director of the Company by shareholders of the Company at the annual general meeting held on 12 May 2023, with effect from 12 May 2023. Dr. Tang, aged 65, holds a degree of Bachelor of Arts with honors in Accountancy, degree of Master of Business Administration (Executive) and degree of Doctor of Business Administration from the City University of Hong Kong. She also received an Distinguished Alumni Award from the College of Business of the City University of Hong Kong. Dr. Tang is a fellow member of the Association of Chartered Certified Accountants ("ACCA") as well as the Hong Kong Institute of Certified Public Accountants, a life member of The Hong Kong Independent Non-Executive Director Association
("HKiNEDA") and a life member of the Shenzhen Hong Kong Macau Women Directors Alliance. Since 2016, Dr. Tang has been appointed as an independent non-executive director of Glory Sun Land Group Limited (a company listed on the main board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), stock code: 0299), a member of the audit committee and the salary review committee. Dr. Tang has over 30 years of extensive experience in the telecommunication, media and information technology industries in the areas of accounting, financial management, corporate finance, merger and acquisition activities, initial public offering on the main board of the Stock Exchange, management of
Hong Kong listed companies and corporate compliance with the Rules Governing the Listing of Securities on the Stock Exchange (the "Listing Rules"). Before entering the field of accounting, she worked in the Computer Department of China Resources (Holdings) Co. Ltd., and participated in the development of petroleum business management system. From 1990 to 2001, she served as the group financial controller of a number of listed companies on the main board of the Stock Exchange. During the time, she participated in the listing of Star Telecom Holding on the main board of the Stock Exchange and the large-scale acquisition and merger of Tricom Holdings Limited. In the past twenty years (from 2002 to 2022), Dr. Tang has been the chief financial officer and company secretary of Excel Technology International (Hong Kong) Limited. ("Excel Technology"). Excel Technology was listed on the GEM of the Stock Exchange in 2000. It is a leading provider of financial technology solutions in Greater China and Southeast Asia. Dr. Tang has a passion for educational services. She taught part-time at the Metropolitan University of Hong Kong (formerly known as the Open University of Hong Kong) from 2011 to 2014 in the Master of Advanced Professional Accounting programme jointly offered by the Open University of Hong Kong and the State-owned Assets Supervision and Administration Commission of the State Council. She was also appointed as a Specialist and a Financial Expert by the Hong Kong Council for Accreditation of Academic & Vocational Qualifications (from 2014 to 2020).