The board of directors of Glory Sun Financial Group Limited announced that Ms. Zhang Juan has been appointed as independent non-executive Directors of the Company with effect from 1 August 2023. Ms. Zhang, aged 49, graduated from Central University of Finance and Economics with a degree in Accounting. She has extensive managerial experience in accounting and taxation advisory business.

She has been a certified tax agent in the PRC since 2011. She has been a manager of the audit department and a partner of Shenzhen Jinnuo Tax Agency Co. Ltd. since November 2008.

With effect from 31 July 2023, Mr. Huang Wei has resigned as an executive Director of the Company and has ceased to be a member of investment committee of the Company; Mr. Wong Chun Bong and Professor Lee Kwok On have resigned as independent non-executive Directors of the Company; Mr. Wong has ceased to be the chairman of the audit committee of the Company and a member of each of the nomination committee and the remuneration committee of the Company, and Ms. Zhang has been appointed in his place with effect from 1 August 2023; Professor Lee has ceased to be the chairman of Remuneration Committee and a member of each of the Audit Committee and the strategic committee of the Company; and Mr. Ho Lik Kwan Luke has resigned as the company secretary.