Renco Holdings Group Limited Board announced that Ms. Xing Mengwei has been appointed as the chief executive officer of the Company with effect from 11 August 2022. The biographical and the service agreement details of Ms. Xing are set out in the announcement of the Company dated 21 July 2022 and there are no changes of her biographical and service agreement details up to the date of this announcement. Ms. Xing will not receive additional remuneration for serving as the Chief Executive Officer.