The board of directors of China Gas Industry Investment Holdings Co. Ltd. announced that Mr. Hon Ming Sang (Mr. Hon) has been appointed as the chief financial officer of the company with effect from 16 August 2022. Mr. Hon Ming Sang, aged 43, graduated with an honour degree of Professional Accountancy in the School of Accountancy from The Chinese University of Hong Kong.

He is a CFA charterholder, a member of The Hong Kong Society of Financial Analysts, a member of the Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants, an associate member of The Hong Kong Chartered Governance Institute and an associate member of The Chartered Governance Institute. Mr. Hon has over 13 years of working experience in listed companies and financial institutions. He has extensive experience in corporate finance, merger and acquisition, investment and financial management and compliance services.

Mr. Hon has been an independent non-executive director of Virtual Mind Holdings Company Limited (previously known as CEFC Hong Kong Financial Investment Company Limited) since November 2016, Finsoft Financial Investment Holdings Limited since June 2020 and Asia Energy Logistics Group Limited since November 2020. Mr. Hon was an executive director of SFund International Holdings Limited from February 2017 to August 2022 and its company secretary and authorised representative from July 2017 to August 2022. Mr. Hon has entered into a service contract with the Company with no fixed term of service.

His term of service shall continue unless and until terminated by either the Company or Mr. Hon by giving to the other party not less than three months' written notice. His annual emolument is determined by the Board with reference to his duties, responsibilities, remuneration policy of the Company and performance of the Group as well as prevailing market conditions, and shall be reviewed by the remuneration committee of the Board from time to time.