Sang Hing Holdings (International) Limited announced that Mr. Zhang Senquan has tendered his resignation as an independent non-executive Director with effect from 30 April 2023 as Mr. Zhang would like to devote more time to his other personal commitments and work arrangement. Following the Resignation, Mr. Zhang also ceased to be the chairman of the audit committee of the Board, and a member of each of the remuneration committee of the Board and the sustainable development committee of the Board. Following the Resignation, the Board also announced that, with effect from 30 April 2023, Mr. Choi Ho Yan("Mr. Choi") has been appointed as (i) an independent non- executive Director, (ii) the chairman of the Audit Committee; and (iii) a member of each of the Remuneration Committee and Sustainable Development Committee.

Mr. Choi, aged 47, has over 24 years of extensive experience in accounting, auditing, corporate finance and restructuring, investor relations, and project acquisitions. He also has experience in serving listed companies operating in Mainland China, Hong Kong and Singapore. He graduated from University of Hertfordshire, the United Kingdom in July 1998 with a bachelor of arts in accounting.

Mr. Choi is an independent non-executive director of Jimu Group Limited since February 2022, the shares of which are listed on GEM of the Stock Exchange. Since May 2013, Mr. Choi has been serving as an independent non-executive director of Time Watch Investments Limited, the shares of which are listed on the Main Board of the Stock Exchange. From March 2020 to March 2021, Mr. Choi served as an independent non-executive director of Long Well International Holdings Limited ("Long Well"), the shares of which was listed on the Main Board of the Stock Exchange and was delisted from the Stock Exchange on 28 May 2021.

From June 2020 to November 2022, Mr. Choi served as an independent non-executive director of China Saite Group Company Limited, the shares of which was listed on the Main Board of the Stock Exchange and was delisted from the Stock Exchange on 16 November 2022.