The board ("Board") of directors ("Directors") of CBK Holdings Limited announced the following appointments of the Directors with effect from 1 December 2023: Mr. He Zhiwei has been appointed as an executive Director of the Company; and Mr. Yue Dinglong (formerly known as Yue Yalong) has been appointed as an independent non-executive Director of the Company, and a member of each of the audit committee, the nomination committee, the remuneration committee and the legal compliance committee of the Company, with effect from 1 December 2023. The biographical details of Mr. He and Mr. Yue are set out below: Mr. He Zhiwei, aged 30, boasts over six years of experience in corporate management. Currently he is the legal representative of Heifei Ke Wei Sports Development Limited.

After joining the Company, Mr. He will responsible for managing the Company. Yue Dinglong (formerly known as Yue Yalong) ("Mr. Yue"), aged 40, has over thirteen years of experience in marketing, finance and investment. Currently serving as the marketing executive of Securities Business Department at Guoyuan Securities Limited since 2008.

Mr. Yue holds a bachelor's degree of business management from Xi'an Jiaotong University.