Li Bao Ge Group Limited announced that Mr. Liang Naiming has been appointed as an executive Director with effect from 23 June 2023. Mr. Liang, aged 61 is currently the executive chairman of Guangzhou Coffee Industry Association, the vice president of Guangdong Federation of Commerce and the chairman of Guangdong Chamber of Commerce. Mr. Liang served as the general manager of Zhuhai Zhuofu Computer Technology Co.

Ltd. from 1993 to 2001 and the chairman of Guangzhou Bangmeishu Coffee Co. Ltd. from 2003 to 2018. Mr. Liang founded a famous brand of Kafelaku Coffee in 2011 and has been the chairman of Guangzhou Kafelaku Coffee Chain Co.

Ltd. since 2011.