The board of directors of China Industrial Securities International Financial Group Limited announced that Ms. Zeng Yanxia ("Ms. Zeng") has tendered her resignation as a chief risk officer and deputy chief executive officer of the Company due to her work arrangement with effect from 4 August 2023. The Board further announced that Mr. Kwok Kei Chi ("Mr. Kwok") has been appointed as a chief risk officer of the Company with effect from 4 August 2023. Mr. Kwok, aged 52, joined the Group in 2011.

Mr. Kwok is currently the assistant chief executive officer of the Company and the general manager of the clientele department and, as well as a director of various subsidiaries of the Company. Mr. Kwok has over 27 years of experience in the financial services industry. From April 1996 to December 2011, he has successively served as management trainee, officer, manager and deputy head of the settlement department, and operation manager, head of China operations, and the general manager of operations of CASH Financial Services Group Limited; the chief operating officer of I-Access Investors Limited.

From December 2011 to August 2021, he was the general manager of mainland business department of the Company and a director of various subsidiaries of the Company. Mr. Kwok obtained a bachelor degree in accounting from the University of Abertay (formerly known as Dundee Institute of Technology) in 1993 and a master degree in finance from the University of Strathclyde in 1995.