The Board of Gemini Investments (Holdings) Limited announced that, with effect from 10 December 2020 following the posting of the Composite Document, Mr. ZHOU Yue has been appointed as a non-executive Director. Mr. ZHOU's appointment has been approved by the nomination committee of the company. Mr. ZHOU Yue, is the executive deputy general manager of Sino-Ocean Capital group. Mr. ZHOU is also a director of Sino-Ocean Capital, Fortune Joy and certain subsidiaries and affiliated companies of Sino-Ocean Capital. Mr. ZHOU joined Sino-Ocean group in 2015 and served as the deputy general manager of the CEO Management Centre. Mr. ZHOU is currently the non-executive director as well as a member of the nomination committee and strategic investment committee of Beijing Capital Grand Limited.