EverChina 'l : APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND MEMBER OF AUDIT COMMITTEE AND COMPLIANCE WITH RULES 3.10(1) AND 3.21 OF THE LISTING RULES

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EVERCHINA INT'L HOLDINGS COMPANY LIMITED

潤 中 國 際 控 股 有 限 公 司

(incorporated in Hong Kong with limited liability)

(Stock Code: 202)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

AND MEMBER OF AUDIT COMMITTEE

AND COMPLIANCE WITH RULES 3.10(1) AND 3.21

OF THE LISTING RULES

The board of directors (the ''Board'') of EverChina Int'l Holdings Company Limited (the "Company") announces that Mr. Ng Ge Bun ("Mr. Ng") has been appointed as an independent non-executive Director of the Company and a member of the Audit Committee of the Company with effect from 7 May 2021.

Mr. Ng, aged 64, is a solicitor of the High Court of Hong Kong and currently serves as a consultant of Tang, Lai & Leung Solicitors. Mr. Ng holds the degree in bachelor of science and degree in bachelor in laws. Mr. Ng obtained a postgraduate certificate in laws from The University of Hong Kong. Mr. Ng is currently an independent non-executive director of Kai Yuan Holding Limited (stock code: 1215). He was an independent non-executive director of China E-information Technology Group Limited (formerly known as Prosticks International Holdings Limited) (stock code: 8055) from November 2001 to May 2006. The securities of these companies are listed on The Stock Exchange of Hong Kong Limited (the ''Stock Exchange'').

Save as disclosed above, Mr. Ng has not held any directorship in other listed public companies in the last three years and does not hold any position with the Company and other members of the Company's group. Save as disclosed above, Mr. Ng has and had no relationships with any directors, senior management or substantial or controlling shareholders of the Company.

There is no service contract between the Company and Mr. Ng. He has no fixed term of

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service with the Company but will be subject to retirement by rotation and re-election requirements at annual general meeting pursuant to the articles of association of the Company. The director's fee of HK$240,000 per annum is payable to Mr. Ng which is determined by the Board under the authority granted by the shareholders of the Company at the annual general meeting and with reference to his duties and responsibilities in the Company and the recommendation made by the remuneration committee of the Company. As at the date of this announcement, Mr. Ng does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Save as disclosed above, Mr. Ng has confirmed that there are no other matters that need to be brought to the attention of the shareholders of the Company in connection with his appointment and there is no other information required to be disclosed pursuant to any of the provisions under rules 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

The Board would like to take this opportunity to extend a welcome to Mr. Ng for joining the Board.

COMPLIANCE WITH RULES 3.10(1) AND 3.21 OF THE LISTING RULES

Following the appointment of Mr. Ng, the Company has three independent non-executive Directors and three audit committee members. As a result, the composition of the Board and the audit committee meet with the requirements under Rules 3.10(1) and 3.21 of the Listing Rules respectively.

By order of the Board of

EverChina Int'l Holdings Company Limited

Lam Cheung Shing, Richard

Executive Director and Chief Executive Officer

Hong Kong, 7 May 2021

As at the date of this announcement, the executive Directors are Mr. Jiang Zhaobai, Mr. Lam Cheung Shing, Richard and Mr. Chen Yi, Ethan and the independent non-executive Directors are Mr. Ho Yiu Yue, Louis, Mr. Ko Ming Tung, Edward and Mr. Ng Ge Bun.

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