Zhongliang Holdings Group Company Limited announced that with effect from the conclusion of the AGM, Mr. Yau has retired as an executive Director in order to devote more time on his other personal endeavours. Following his retirement, Mr. Yau has ceased to be a member of the ESG Committee and an authorised representative of the Company as required under the Listing Rules with immediate effect. Subsequent to the AGM, the Board held a Board meeting during which it resolved to appoint Mr. Yeung Tak Yip, the existing company secretary, co-head of capital markets and investor relations of the Company, as an executive Director and a member of the ESG Committee with immediate effect.

Mr. Yeung, aged 42, was appointed as the Company Secretary in July 2018. Mr. Yeung is mainly responsible for compliance and corporate governance as well as corporate finance, capital markets and investor relations in the Group. Mr. Yeung has more than 20 years of extensive experience in various aspects including accounting and finance, capital markets, investor relations and corporate management.

Prior to joining the Group, he was the financial controller, director of investor relations and company secretary of Modern Land (China) Co., Limited, which mainly engages in green and sustainable property development and is listed on the Stock Exchange (stock code: 1107), from April 2016 to April 2018. From October 2012 to April 2016, Mr. Yeung was the company secretary and group financial controller of China City Infrastructure Group Limited which is listed on the Stock Exchange (stock code: 2349). Mr. Yeung previously worked at Deloitte Touche Tohmatsu as an audit manager from April 2008 to February 2011 and as an auditor from September 2003 to April 2008.

He received his bachelor's degree in professional accountancy from The Chinese University of Hong Kong in Hong Kong in May 2003. He also obtained a master's degree in laws from King's College London in April 2022. He has also been a fellow member of the Association of Chartered Certified Accountants (ACCA) since March 2013 and a member of Hong Kong Institute of Certified Public Accountants (HKICPA) since July 2010.

The Board further announces that, following his appointment, Mr. Yeung has resigned as the Company Secretary in order to focus on his new roles as an executive Director and the CFO. The Board announced that Mr. Cheung Sze Kan (``Mr. Cheung'') has been appointed as the Company Secretary and the Authorised Representative with immediate effect. Mr. Cheung, aged 44, joined the Group as compliance and company secretarial director in August 2018.

He is primarily responsible for corporate compliance, company secretarial matters and finance management of the Group. Mr. Cheung has over 20 years of extensive experience in corporate secretarial practice, corporate compliance and financial management. From December 2016 to July 2018, Mr. Cheung served as the compliance director of Modern Land (China) Co., Limited, a green and sustainable property developer and is listed on the Stock Exchange (stock code: 1107), where he was primarily responsible for compliance and company secretarial matters.

From July 2011 to December 2016, Mr. Cheung worked for China City Infrastructure Group Limited which is listed on the Stock Exchange (stock code: 2349), where his last position held was company secretary and senior group financial manager. From February 2006 to July 2011, Mr. Cheung served as a senior auditor of Deloitte Touche Tohmatsu. Mr. Cheung served as an assistant senior auditor of Y. M. Hon & Co.

from May 2002 to January 2006.