JTF International Holdings Limited announce that Ms. Xu has been appointed as an executive Director with effect from 18 October 2023. Ms. Xu, aged 35, obtained a bachelor degree in Business and Management in 2012 from
Oxford Brookes University in the United Kingdoms. She has over 10 years of experience in capital investment, property development and management. She has been a member of the Chinese People's Political Consultative Conference of Dongguan City since 2017. Ms. Xu has entered into a service agreement with the Company for an initial term of 3 years commencing from 18 October 2023, subject to retirement by rotation and re-election at the
general meeting of the Company in accordance with the articles of association of the Company, and is entitled to a remuneration of HKD 45,000 per month payable by the Group. The remuneration package of Ms. Xu has been reviewed by the remuneration committee of the Company and determined by the Board with reference to the prevailing market conditions and her roles and responsibilities in the Group.