China United Venture Investment Limited announced that Mr. Zhang De An ("Mr Zhang") has been appointed as an independent non-executive Director, a member of each of the audit committee, the remuneration committee and the nomination committee of the Company with effect from 23 April 2023. Mr. Zhang De An, aged 60, obtained a Bachelor 's degree in Political Economics from the Department of Economics of Peking University in 1984. Mr. Zhang was engaged in teaching in the Department of Economics of Anhui University from July 1984 to August 1987.

He worked as a secretary in the Office of the President of Anhui University from August 1987 to July 1991, and served as the head of the Training Division of the Education Department of the People's Bank of Anhui Province from July 1991 to July 1993. He served as the secretary to the Chairman, the manager of the sales department and the deputy general manager of the HK Kawoo Group from July 1993 to June 2013, as well as acted as the general manager of Tianjin Galaxy Doctor Technology Development Company Limited from July 2013 to August 2016; the deputy general manager of China Great Wall Medical Investment Management Company Limited from August 2016 to May 2018; and the general manager of Shenzhen Junan Investment Development Company Limited since September 2018. The Board announced that Mr. Wang Li Feng ("Mr. Wang"), who is currently the executive Director and Vice Chairman of the Board the Company, has been re-designated from the Vice Chairman of the Board to Chairman of the Board with effect from 23 April 2023.