The board of directors of Global Sweeteners Holdings Limited announced that with effect from 5 June 2024, Mr. Li Fangcheng has been appointed as an executive Director. Mr. Li, aged 34, graduated from the applied technology college of Jilin University in July 2011, majoring in sales and marketing. Mr. Li has over 12 years of experience in diversified industry development and innovation management.

Mr. Li has been working at Jilin Province Huasheng Jiaodian Group Company Limited as the vice chairman since October 2011. Concurrently, since January 2018 and November 2023, respectively, Mr. Li has also been serving as the deputy general manager of Jilin Province Huasheng Trading Company Limited and the director of Hong Kong Huasheng Company Limited. Mr. Li has entered into a service contract with the Company in respect of his appointment as the executive Director commencing from 5 June 2024, for an initial term of one year, automatically renewable for successive terms of one year unless terminated by at least three months' written notice served by either party at any time during the then existing term.