The board of directors of VPower Group International Holdings Limited announced the following changes to the Board: Mr. Kwok Man Leung has resigned as a non-executive director of the Company with effect from 7 December 2022 as he would like to spend more time with his family. Mr. Wong Kwok Yiu has been appointed as a non-executive director of the Company with effect from 7 December 2022. Mr. Wong Kwok Yiu, aged 47, is appointed as a non-executive director of the Company.

He is currently an assistant director of the business development department of CITIC Pacific Limited. He is also a director of CITIC Pacific Special Steel Group Co. Ltd., a director of certain member companies of CITIC Pacific Limited involved in special steel, energy, tunnel management and healthcare business and a director of certain member companies of CITIC Limited involved in iron ore mining projects.

Mr. Wong joined CITIC Limited in 1997, since then, he has gained more than 25 years of experience in project investment and evaluation, financial modeling and analysis, project management and commercial negotiation. Mr. Wong graduated from The Chinese University of Hong Kong with a bachelor degree in business administration (major in finance) in 1997 and obtained a master degree in professional accounting and information systems from City University of Hong Kong in 2004. He has been a chartered financial analyst of the Association for Investment Management and Research since 2002.