RMH Holdings Limited announced that Mr. He Weiqing has tendered his resignation as the chief executive officer of the Company with effect from 1 October 2023 due to the need to spend more time on his other personal commitments. Mr. He Weiqing has confirmed that he has no disagreement with the Board and that there is no matter in relation to his resignation that needs to be brought to the attention to the shareholders of the Company or The Stock Exchange of Hong Kong Limited. The Board announced that Mr. Li Liwei has been appointed as the CEO with effect from 1 October 2023.

Mr. Li Liwei, aged 47, has completed the course on Foreign Linguistics and Applied Linguistics from Hunan Agricultural University in June 1998. From October 1998 to April 2022, he has served as the head of Edible Fungi Research Institute of Taoyuan County Agricultural Bureau of Hunan Province . From April 2001 to October 2004, he has worked as the advertising manager of Guangzhou Daily of Shenzhen District .

From September 2011 to August 2016, he has worked as an executive director of Dongguan Music Casino Entertainment Co. Ltd.* . Since June 2021, he has been appointed as an executive director of Guangdong Tianban Health Industry Co.

Ltd. . Since January 2022, he has joined the Group by working as an executive director of Des Innovation Medical Holdings Co. Ltd. .

Since August 2022, he has been working as an executive director of Zhongshan Des Oral Clinic Ltd. . Mr. Li has extensive experience in investments, mergers and acquisitions, and business development and operating dental clinics. Mr. Li has entered into an employment contract with the Company commencing on 1 October 2023, which can be terminated by either party by giving not less than 30 days prior notice in writing to the other.

Pursuant to the employment contract, Mr. Li's remuneration shall be RMB 50,000 per month, which was determined by the remuneration committee of the Board with reference to his duties and responsibilities towards the Company and the prevailing market conditions.