The board of directors of Silver Grant International Holdings Group Limited announced that Mr. Weng Jian (‘Mr. Weng’), the executive president of the Company, will be appointed as an executive Director with effect from 1 July 2023. Mr. Weng, aged 40, was the assistant president of the Company from June 2020 to July 2021. He has been appointed as the executive president of the Company since August 2021.

He is responsible for the human resources, administrative management and investment departments of the Group. Mr. Weng is also a director of certain subsidiaries of the Company. Mr. Weng graduated from Sun Yat- sen University with a bachelor's degree in law and a master's degree in law, and holds a People's Republic of China Legal Professional Qualification Certificate.

He previously worked in the Guangdong Provincial Supervisory Commission and the Office of the Guangdong Provincial Government, where he was engaged in the management of anti-corruption, legal policy and comprehensive administration. After resigning from public office, Mr. Weng joined Zhuguang Holdings Group Company Limited (a company the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited (‘Stock Exchange’) (stock code: 1176)), which is a substantial shareholder (‘Shareholder’) of the Company (having the meaning ascribed to it in the Rules Governing the Listing of Securities on the Stock Exchange (‘Listing Rules’), whose interest in the shares (‘Shares’) of the Company falls to be disclosed to the Company under the provisions of Divisions 2 and 3 of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (‘SFO’)), and successively served as the general manager of its President Office (Human Resources Centre), the general manager of its Legal Affairs Centre, a member of its Investment Decision Committee, the general manager of its Investment Centre and the chairman of its industrial real estate sector. He is also a member of the Guangdong Youth Federation, a standing member of the Guangdong Law Society, a deputy director of the Legal Committee of the Guangdong Province Old Town Old Factory Old Village Recreation Association, a practical instructor for postgraduates of the Jinan University and an arbitrator of the Guangzhou Arbitration Commission.