The board of directors (Board) of Crown International Corporation Limited (Company) announced that, the Board has considered and approved the resolutions regarding the appointment of Ms. Xu Yuling ("Ms. Xu") as the chief financial officer of the Company with effect from 8 June 2023. Ms. Xu, aged 37, graduated from Guangdong University of Finance & Economics with a bachelor's degree in English (International Business Translation) in June 2009. She graduated from University of Leicester with an Master degree of Science in Management in January 2011.

Ms. Xu has been the general manager of Shenzhen Yu Letter Fund Management Co., Limited since November 2016 and the senior vice president of Bona Chanceton Financial Investment Company Limited since March 2021.