China New Economy Fund Limited announce that, Mr. Choi Koon Ming and Mr. Choi Chit Sze Jackson have been appointed as non-executive directors of the Company and Mr. Choi Chit Sze Jackson has also been appointed as co-chairman of the Board alongside Mr. Huang Bin with effect from 8 February 2022. Choi Koon Ming has over 25 years of experience in the financing activities of corporate and property mortgage, real estate development and property investment, as well as over 20 years of experience in financial services. Mr. Choi Chit Sze Jackson, aged 24, is the director of CITIC Merchant Enterprise Management Co.

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