The board of directors of Perfectech International Holdings Limited announced that Mr. Fang Guohong has been appointed as an executive Director of the Company with effect from 14 March 2023. Mr. Fang Guohong, aged 58, has nearly 30 years of experience in different companies engaging in manufacturing of various products, including insulation materials and fire-proof, wear-resistant materials mainly used in power generating systems. He was also actively involved in the development of wear-resistant materials for the power generating industry and has established extensive connections in the power generating industry in China.