The board ("Board") of directors (the "Directors" and each a "Director") of Heng Tai Consumables Group Limited announced that Mr. Mok Tsan San ("Mr. Mok") has been appointed as an executive Director with effect from 13 July 2022. Mr. Mok, aged 51, holds a Bachelor of Science degree in Civil Engineering from Ohio State University in the United States. Mr. Mok is the managing director of Capital Union Investments Limited, a direct investment firm with a portfolio in Greater China and overseas.

With over 20 years of solid experience in fund raising and investment syndication in a number of ventures, he has helped, funded, and/or personally invested in and advised in, among others, a number of Silicon Valley technology companies. Mr. Mok will be mainly responsible for formulating strategic development plans and supervising the Group's current and future investment projects. Mr. Mok was an executive director of Chinese Strategic Holdings Limited (stock code: 8089) since 12 August 2014.

The listing of the shares of Chinese Strategic Holdings Limited on GEM of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") was cancelled with effect from 4 May 2022.