The board of directors of Hingtex Holdings Limited announced that Ms. Lau Chung Chau has been appointed as a non-executive director of the Company and the chairlady of the Board with effect from 17 October 2022. Ms. Lau, aged 74, has approximately 30 years of experience in the textile and apparel industry. Ms. Lau joined the Group in December 1992 by serving as a director of H.W. Textiles Co., Limited, being one of the subsidiaries of the Company.

She has become an honorary consultant of the Group since January 2018. Ms. Lau is the mother of Mr. Tung Wai Ting Stephen and Mr. Tung Cheuk Ming Stanley, both being executive directors of the Company. Ms. Lau has entered into an appointment letter (the “Appointment Letter'') with the Company for an initial term of three years commencing on 17 October 2022, subject to early termination in accordance with the terms of the Appointment Letter and retirement provisions as stipulated under the articles of association of the Company (the “Articles'') and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules'') from time to time.

Ms. Lau shall hold office until the first annual general meeting of the Company after her appointment and shall then be eligible for re-election at that meeting.