The board of directors of Grand Ocean Advanced Resources Company Limited announced that, with effect from 30 December 2022, Mr. Leung Ka Hong has been appointed as an executive Director of the Company. He has been designated as a member of the nomination committee of the Company and of the remuneration committee of the Company in replace of Mr. Tao Ye, and Mr. Tao Ye will step down as a member of the Nomination Committee and of the Remuneration Committee from 30 December 2022. Mr. Leung has also been appointed as a joint company secretary of the Company and Ms. Cheng On Yi, currently the company secretary of the Company, will be the other joint company secretary of the Company, with effect from 30 December 2022.

Mr. Leung, aged 35, has over 13 years of working experience in the accounting, finance, mergers and acquisitions, and risk management field. He was with the audit department of KPMG from October 2009 to April 2014. He took positions as senior finance executives in a Hong Kong subsidiary of a state-owned enterprise of China from September 2014 to March 2017, and a privately owned enterprise in Hong Kong from April 2017 to February 2021, the businesses of both included investments and finance related operations.

He served as a senior finance executive in a manufacturing company from February 2021 to October 2022. Mr. Leung is a Certified Public Accountant and a fellow of the Hong Kong Institute of Certified Public Accountants. He is also a fellow of the Hong Kong Chartered Governance Institute and the Chartered Governance Institute, a member of the Association of Chartered Certified Accountants as well as a Certified Financial Risk Manager of the Global Association of Risk Professionals.

Mr. Leung graduated from the Hong Kong Polytechnic University with a bachelor's degree in accounting and finance, and also holds a master's degree of science in corporate governance and compliance from Hong Kong Baptist University.