The board directors of Redsun Services Group Limited announced that Mr. Yang Guang has tendered his resignation as an executive Director, the executive president of the Company and a member of the nomination committee of the Board with effect from 23 September 2022 due to his personal development. Mr. Yang Guang will no longer hold any position in the Group after his resignation. The resignation of Mr. Yang Guang will not result in the number of members of the Board falling below the minimum quorum, nor will it affect the normal operation of the Board. The Board to announce that Mr. Chen Yichun has been appointed as the Vice President of the Company responsible for overall operation and management of the Company with effect from 23 September 2022. Mr. Chen Yichun, aged 44, has served as the Vice President of the Group since September 2022. Joining Hong Yang Group Company Limited, the controlling shareholder of the Group, in May 2019, Mr. Chen successively served as the general manager of the customer relations department of Redsun Properties Group Limited and the general manager of the customer relations department of Hong Yang Group Company Limited, and has been the chief operating officer of the Group since June 2022. Prior to joining Hong Yang Group Company Limited, Mr. Chen successively worked at China Vanke Co. Ltd., a company listed on the Shenzhen Stock Exchange, CIFI Holdings (Group) Co. Ltd., a company listed on The Stock Exchange of Hong Kong Limited (stock code: 00884) and Jiangsu Zhongnan Construction Group Co. Ltd., a company listed on the Shenzhen Stock Exchange, and engaged in property management, customer relations
management, project management, large-scale operation management and regional management. Mr. Chen graduated from Northwestern Polytechnical University majoring in civil engineering, and is a national-registered first-class constructor. As at the date of this announcement, Mr. Chen has not held any other directorships in public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years; does not hold other major appointments and professional qualifications; does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company or its subsidiaries; does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance; and does not hold any other positions with other members of the Group.