The board of directors of Great Wall Terroir Holdings Limited announced that Mr. Cheung Hung (‘Mr. Cheung') has been appointed as an executive Director with effect from 5 January 2023. The biographical details of Mr. Cheung are set out below: Mr. Cheung Hung, aged 54, has experience in areas of corporate finance, business and administrative management and has held various management and senior management positions in a number of listed and private corporations. Mr. Cheung has over 20 years of experience in serving as a consultant or general manager in several investment and financing companies in Hong Kong.

He had also served as chairman of the board of China Biotech Services Holdings Limited from 2010 to 2016, the shares of which are listed on GEM of The Stock Exchange of Hong Kong Limited (the ‘Stock Exchange'). From 2003 to 2004, he was a non-executive director of Capital VC Limited, the shares of which are listed on the Main Board of the Stock Exchange. Mr. Cheung obtained a degree of master of business administration from The Chinese University of Hong Kong in 2001.