The board of directors of PacRay International Holdings Limited announced that Mr. Chow Kin Wing resigned as the company secretary of the Company, the authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the authorised representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance, with effect from 22 September 2022. The Board further announces that Mr. Lam Wai Kei ("Mr. Lam") has been appointed as the Company Secretary, the Authorised Representative and the authorised representative of the Company for accepting service of process and notices on behalf of the Company in Hong Kong as required under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong), with effect from 22 September 2022 to fill in the vacancy subsequent to the resignation of Mr. Chow. Mr. Chow has confirmed that he has no disagreement with the Board and there is no matter in respect of his resignation that needs to be brought to the attention of the shareholders of the Company.

Mr. Lam, aged 49, has over 25 years of experience in accounting, corporate finance, auditing and company secretarial practises. He is a practising and a fellow member of the Hong Kong Institute of Certified Public Accountants. Mr. Lam graduated from the Hong Kong University of Science and Technology with a Bachelor of Business Administration degree in accounting in November 1996 and obtained a Master of Science degree in financial engineering from City University of Hong Kong in November 2004.

Mr. Lam is currently the company secretary of China Sinostar Group Company Limited, Bojun Education Company Limited and Wai Hung Group Holdings Limited, the shares of which are listed on the Stock Exchange.