The board of directors of Zhi Sheng Group Holdings Limited announced that Ms. Leung Yuk Yi (``Ms. Leung'') has tendered her resignation as the company secretary of the Company and ceased to act as an authorised representative (the ``Authorised Representative under GEM Listing Rules'') of the Company for the purpose of Rules Governing the Listing of Securities on GEM of the Stock Exchange (the ``GEM Listing Rules'') and an authorised representative of the Company to accept on the Company's behalf service of process and notices required to be served on the Company in Hong Kong as required under Rule 5.24 of the GEM Listing Rules and Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the ``Authorised Representative under Companies Ordinance'') with effect from 31 May 2023. Ms. Leung has confirmed to the Board that she has no disagreement with the Board and there are no matters relating to her resignation that need to be brought to the attention of the Stock Exchange and the shareholders of the Company. The Board announced that Ms. Yuen Lai Sheung (``Ms. Yuen'') has been appointed as the company secretary of the Company, an Authorised Representative under GEM Listing Rules of the Company and an Authorised Representative under Companies Ordinance of the Company with effect from 31 May 2023 to fill the vacancy left after the resignation of Ms. Leung.

Ms. Yuen holds a Bachelor's Degree of Accounting from Monash University in Australia and she is currently a fellow member of Hong Kong Institute of Certified Public Accountants and a member of CPA Australia. Ms. Yuen currently serves as the chief financial officer of Beyond Ventures Management Limited, overseeing the legal and finance functions, ensuring compliance of corporate governance and is in charge of external audit and tax planning. Ms. Yuen has over 26 years of experience in auditing, accounting and company secretarial practice.