The board of directors (the "Board") of China Tontine Wines Group Limited announced Mr. Li Jerry Y. ("Mr Li") and Mr. Zhu Minghui ("Mr Zhu") have been appointed as the Non-executive directors of the Company with effect from 31 August 2022. Mr. Li Jerry Y., aged 24, graduated from the University of Sydney in Australia with a Bachelor degree of Science, majoring in Nutrition and Metabolism. From September 2021, Mr. Li served as the vice general manager of Shenzhen Sanshun Pharmaceutical Limited.

Mr. Zhu Minghui, aged 24, graduated from Bryant University in the United States of America, with a Bachelor degree of Science in Business Administration, majoring in Finance and Economics. Mr. Zhu is currently the Investment Manager in Shenzhen Maoanyuan Investments Company Limited.