Cornerstone Technologies Holdings Limited announced that, with effect from 29 August 2022: (i) Ms. Wu Yanyan has been appointed as an executive Director; (ii) Mr. Yeung Chun Yue David has been appointed as an executive Director; and (iii) Mr. Ko Shu Ki Kenneth has been appointed as an independent non-executive Director and a member of the remuneration committee of the Company. Ms. Wu, aged 43. She graduated from the University of Bradford with a bachelor of Science Business and Management.

She has over 15 years of experience in management and operation. She is currently a director of Guangdong Dongheng Furniture Group Co. Ltd., Lecong Oriential International Home Furnishing Exhibition Center Co.

Ltd., Guangdong Foshan Changhe Real Estate Co. Ltd., Guangdong Foshan Lecong International Convention and Exhibition Center Co. Ltd., Guangdong Foshan Lecong Oriental Craftsman Furniture Co.

Ltd. and Guangdong Foshan Zhengye Trading Co. Ltd. In addition, she is the director of Singapore Chang He Holdings Pte Ltd, Singapore Chang Yuan Investments Pte Ltd, Singapore Hong Ri Investments Pte Ltd. and Singapore Scott's Investments Pte Ltd. Mr. Yeung, aged 40. Mr. Yeung has over 18 years of experience in accounting and tax advisory.

Mr. Yeung worked in medium-size accounting firms in Hong Kong since 2004 and became a Certified Public Accountant (Practising) of the Hong Kong Institute of Certified Public Accountants in 2012. He is currently a member of the 14th Committee Member of the Guangzhou City Panyu District Chinese People's Political Consultative Conference. Besides, Mr. Yeung is a Certified Tax Advisor of the Taxation Institute of Hong Kong.

Mr. Yeung is currently an independent non-executive director of Aeso Holding Limited, Nexion Technologies Limited, TL Natural Gas Holdings Limited, their respective shares of which are listed on the GEM, and SANVO Fine Chemicals Group Limited, the issued shares of which are listed on the Main Board of the Stock Exchange. He is also an executive director of Hatcher Group Limited, the issued shares of which are listed on the GEM. Mr. Yeung graduated from the City University of Hong Kong with a bachelor of business administration in accountancy in November 2004.

Mr. Ko, aged 42. He obtained professional diploma in sales management from The Hong Kong Management Association in 2012 and a postgraduate diploma in business administration from Accredited Professional Education Centre in 2021. He has extensive working experience in business management and development for over 10 years.

He is recently a senior manager of Microware Limited, a member of Microware Group Limited, the issued shares of which are listed on the Main Board of the Stock Exchange, he is primarily responsible for formulating and leading the sales and marketing strategies. As at the date of this announcement, Mr. Ko is directly interested in 1,432,000 shares of the Company, representing approximately 0.20% of the total issued share capital of the Company.