The board of directors of CROSSTEC Group Holdings Limited announced that: Mr. Lam Wing Hung has tendered his resignation as an executive Director, joint company secretary, authorized representative of the Company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and an authorized representative of the Company to accept service of process and notices in Hong Kong pursuant to Part 16 of the Companies Ordinance, Chapter 622 of the Laws of Hong Kong of the Company with effect from 21 September 2023 as he would like to devote more time to his other personal goals; and Mr. Liang Shifeng has been appointed as an executive Director of the Company with effect from 21 June 2023. Mr. Liang Shifeng, aged 46, has more than 18 years of working experience in accounting and financial management. He is currently the finance director of (Crosstec (Shenzhen) Contracting Company Limited*) ("Crosstec (Shenzhen)"), a wholly-owned subsidiary of the Company.

Mr. Liang holds a bachelor's degree in management from Changchun Taxation College (currently known as Jilin University of Finance and Economics).