The board (the ?Board?) of directors of Vision International Holdings Limited (the ?Company?, which together with its subsidiaries are collectively referred to as the ?Group?) announced that with effect from 15 September 2023: Mr. Lau Kai Tai (?Mr. Lau?) has been appointed as the Chairman and an executive Director, Mr. Cheuk Ka Chun Kevin (?Mr. Cheuk?) has been appointed as an executive Director and chief executive officer (?Chief Executive Officer?) of the Company, Dr. Liu Ta-pei (?Dr. Liu?) has been appointed as an independent non-executive Director, Ir Prof. Young Andrew Meng Cheung (?Ir Prof. Young?) has been appointed as an independent non-executive Director, Mr. Cha Ho Wa (?Mr. Cha?) has been appointed as an independent non-executive Director, and Mr. Chu Kin Ming (?Mr. Chu?) has been appointed as an independent non-executive Director. Mr. Lau, aged 46, has over 20 years of experience in garment and apparel industry. Mr. Lau serves as the general manager of Actex International Limited, since 2011.

Mr. Lau was also the founder and chief executive officer of club.8, from 2006 to 2010. Mr. Lau obtained a bachelor of arts' degree in business administration from University of Seattle and a master's degree in business administration from The Hong Kong Polytechnic University. Mr. Lau is also an associate member of the Hong Kong Management Association.

Mr. Cheuk, aged 39, obtained a Bachelor's degree in Economics and a Master's degree in Applied Finance from Macquarie University 2006 and 2008 respectively. Mr. Cheuk is an associate member of The Chartered Institute of Management Accountants and a Chartered Global Management Accountant. Mr. Cheuk has over 10 years of experience in the lottery industry and technology innovation applications.

Mr. Cheuk is currently the operation director of a subsidiary of the Group. He is also a director of a wholly-owned subsidiary of the Company. Mr. Cheuk served as an executive director of Sinopharm Tech Holdings Limited, from June 2021 to September 2022.

Dr. Liu, aged 72, graduated from National Chung-Hsing University in Taiwan. After graduation, he continued his studies in National Cheng-Chi University, Taiwan and the University of Southern California, U.S.A. and obtained Master of Science and MBA degrees respectively. Dr. Liu was then conferred his Doctoral degree in public administration from the University of La Verne, U.S.A., and the Doctoral degree in Finance from Shanghai University of Finance and Economics.

Apart from his strong educational background, Dr. Liu has been active in the financial field for more than 25 years. Dr. Liu was an independent non-executive director of Sinopharm Tech Holdings Limited from 2017 to 2023. He was previously the executive director of Huisheng International Holdings Limited, from 2016 to 2020.

Dr. Liu was previously the director of Mega Financial Holdings Company, Limited (?Mega Financial Holdings?), and also served as the chairman of Mega Securities Co., Ltd, a subsidiary of Mega Financial Holdings. Dr. Liu had also been the director of Global Securities Finance Corporation, Chung Hsing Bills Finance Corporation, and Central Investment Holding Company, and the chairman of Jen Hwa Investment Holding Company. Dr. Liu had served China Development Industrial Bank.

He had also been the chief executive officer and an executive director of the Core Pacific-Yamaichi Group in Hong Kong. Ir Prof. YOUNG, aged 64, has over 40 years of executive experience and is currently the Associate Director (Innovation) of Sino Group with responsibility as head of innovation to explore and identify the Group's innovation and technology development and explore investment opportunities. He was previously the Chief Commercial Officer (2011­2017) of Hong Kong Science & Technology Parks Corporation and Director of Partnership Development (1998­2011) of The Hong Kong Polytechnic University.

He is a current member of the Sixth Election Committee of the Hong Kong Special Administration Region for the term from October 2021 to October 2026. He is also a Member of the Hong Kong Construction Industry Council, and a Member of the Council on Connected World, World Economic Forum since 2022. Ir Prof. Young graduated from the University of South Australia with a Bachelor of Engineering (Mechanical Engineering) degree and holds a Postgraduate Diploma in Business Administration and Master of Business Administration.

He is a Board member of several tech startup companies in Hong Kong and serves as advisor to several entitles in the tech and startup community globally and in Hong Kong. Mr. Cha, aged 33, has over 7 years of experience in the legal profession in Hong Kong. Mr. Cha was admitted as a solicitor of the High Court of Hong Kong in October 2018.

From December 2021 to December 2022, Mr. Cha was accredited as a general mediator by the Hong Kong Mediation Accreditation Association Limited. Mr. Cha worked in Peter K.S. Chan & Co. since June 2016 with last position as Partner of the firm.

Mr. Cha has been working as a senior consultant at Eddie Lee & Co., since April 2023. Mr. Cha has been serving as a part-time guest lecturer at the Community College of the School of Professional and Continuing Education of the University of Hong Kong (HKUSPACE) from September 2022 to January 2023 and from September 2023 up to January 2024. Mr. Cha was an independent non-executive director of China Oil Gangran Energy Group Holdings Limited, from December 2020 to September 2021.

Mr. Cha obtained a Bachelor's degree from The Chinese University of Hong Kong in November 2013. He then obtained a juris doctor degree and a postgraduate certificate in laws from The Chinese University of Hong Kong in November 2015 and July 2016, respectively. Mr. Chu, aged 43, is currently an independent non-executive director of SK Target Group Limited, since June 2017, an independent non-executive director of Kelfred Holdings Limited, since June 2019, an independent non-executive director of Optima Automobile Group Holdings Limited, since October 2019, an independent non-executive director of Century Energy International Holdings Limited, since February 2020 and an independent non-executive director of Milestone Builder Holdings Limited, since December 2020.

Currently, Mr. Chu is the company secretary of Sino-life Group Limited, since June 2019 and OCI International Holdings Limited, since May 2021. Mr. Chu has more than 18 years working experience in the accounting and company secretary field. Mr. Chu had served as a chief financial officer and company secretary of various companies listed on the Stock Exchange.

He is also a member of the Chartered Institute of Management Accountants. Mr. Chu obtained a master's degree in executive master of business administration in The Chinese University of Hong Kong in 2022 and a bachelor's degree in accountancy from the Hong Kong Polytechnic University.