The board of directors of Guoquan Food (Shanghai) Co., Ltd. announced that the Company has engaged SWCS Corporate Services Group (Hong Kong) Limited (" SWCS ") to provide corporate secretarial services support to the Company, and since 2023, SWCS has nominated Ms. Ho Yin Kwan ("Ms. Ho") to assume the offices of the joint company secretary of the Company (the "Joint Company Secretary"), the process agent in Hong Kong (collectively, the "Process Agent") for the purpose of accepting service of process in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and for the purpose of accepting services of process and notices on the Company's behalf in Hong Kong under Rule 19A.13 of the Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"), and an authorized representative of the Company for the purpose of Rule 3.05 of the Listing Rules (the "Authorized Representative"). The Board announced that Ms. Ho has tendered her resignation as the Joint Company Secretary, the Process Agent and the Authorized Representative with effect from June 18, 2024. SWCS has nominated Mr. Cheung Kai Cheong Willie ("Mr. Cheung") in place of Ms. Ho to act as one of the Joint Company Secretaries, the Process Agent and Authorized Representative with effect from June 18, 2024.

Mr. Wang Hui ("Mr. Wang") has been, and will remain as, the other Joint Company Secretary. Mr. Wang Hui is its Board secretary and a joint company secretary of Company. He was also appointed as the Chief Financial Officer of the Company in February 2024.

Mr. Wang is responsible for managing the overall financial and capital market related work. Mr. Wang joined its Group in September 2020. Prior to joining its Group, Mr. Wang worked in PricewaterhouseCoopers Zhongtian from September 2006 to August 2014 with his last position as an audit manager.

From August 2014 to May 2015, Mr. Wang worked in Bayer (China) Limited. From June 2015 to August 2016, Mr. Wang worked in Covestro Polymers (China) Co., Ltd. From September 2016 to September 2020, Mr. Wang worked as a financial director in YANG'S DUMPLING Enterprise Management Development (Shanghai) Co., Ltd. Mr. Wang has been a Certified Public Accountant of The Chinese Institute of Certified Public Accountants (CICPA) since December 2009 (currently non-practising). Mr. Wang obtained his bachelor's degree in mathematics and applied mathematics in East China University of Science and Technology in the PRC in July 2006.

Mr. Cheung Kai Cheong Willie is a senior manager of SWCS, mainly responsible for assisting listed companies in professional company secretarial work. Prior to joining SWCS, he served as the company secretary and finance controller of certain companies whose shares are listed on the Stock Exchange. He has more than 20 years of professional experiences in company secretarial, accounting and finance matters.

He is a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom. He obtained a Bachelor Degree of Arts (Honors) in Accounting and Finance at the University of Glamorgan in the United Kingdom.