The Board of directors of WMCH Global Investment Limited announced that Mr. Li Long Guang has been appointed as non-executive Director of the Company with effect from 15 May 2023. Mr. Li, aged 50, has over 25 years of experience in the advertising industry. From 1993 to 2015, Mr. Li worked at Guangzhou Hesheng Advertising Company Limited as general manager.

Mr. Li subsequently worked at Guangzhou Jiupu Advertising Company Limited from August 2017 to December 2019 as general manager. Mr. Li has been working at Guangzhou Quanxin Construction Engineering Company Limited since March 2018, with his current role as a project manager. Mr. Li has passed the self-taught higher education examinations of construction management and was approved for graduation by the Beijing Jiaotong University, in the People's Republic of China, in December 2019.

There is a service agreement between Mr. Li and the Company, and his current appointment is for a term of two years commencing from 15 May 2023. Mr. Li will not receive any remuneration for serving as non-executive Director of the Company. He is subject to retirement and re-election at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation and re-election at least once in every three years in accordance with the articles of association of the Company.