The board of the directors of the Evershine Group Holdings Limited announced that with effect from 6 January 2022: Mr. Wu Ming Fat Simon and Mr. Chen Xiao Yan have been appointed as the Executive Directors of the Board of the Company. Mr. Simon Wu has substantial experiences in managing and carrying automotive businesses and he is also the directors of several companies carrying these businesses. He is currently the Executive Director and Chairman of China Creative Global Holdings Limited which is listed in the main board of the Hong Kong Stock Exchange Limited.

Mr. Chen has more than 20 year work experiences in banking industries that he has worked with Qianzhou branch of the China Construction Bank Limited and Fujian Branch of Heng Feng Bank Co. Ltd., mainly responsible for credit approval and international trade. Each of Mr. Wu and Mr. Chen has entered into an appointment letter with the Company for a term of one year and his appointment can be terminated by either party giving one month's prior written notice.