Sinofert Holdings Limited together with its subsidiaries announced that Mr. Ma Yue, the Chief Executive Officer of the Company, passed away on 29 August 2023. Mr. Ma joined the Group in July 2001, and was appointed as an executive director, the Chief Executive Officer and the Chairman of the Corporate Governance Committee of the Company in January 2023. During his tenure of service, Mr. Ma performed his duties responsibly, diligently and sincerely, de- voted tremendous time and effort to the development of the Group, and made valuable contribution to the success of the Group.

The Group will continue its business operations by adhering to the business strategies laid down by the Board. The Board will appoint a new executive director, Chief Executive Officer and Chairman of the Corporate Governance Committee in due course.