Brightstar Technology Group Co., Ltd — Board/Management Information 2022

Nov 17, 2022

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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IN TECHNICAL PRODUCTIONS HOLDINGS LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8446)

APPOINTMENT OF DIRECTORS

The board (the ‘‘Board’’) of directors (the ‘‘Director(s)’’) of In Technical Productions Holdings Limited (the ‘‘Company’’, together with its subsidiary, the ‘‘Group’’) is pleased to announce that the following appointments will take effect from 17 November 2022:

• (i) Ms. Zhang Yan Ling (張艷玲) (‘‘Ms. Zhang’’) has been appointed as an executive Director and a member of Nomination Committee; and

• (ii) Mr. Li Xiao Hua (李曉華) (‘‘Mr. Li’’) has been appointed as an independent non-executive Director and member of each of Audit Committee, Remuneration Committee and Nomination Committee.

Biographical information of the newly appointed Directors are set out as follows:

Ms. Zhang Yan Ling

Ms. Zhang Yan Ling (張艷玲), aged 60, graduated from Tianjin University of Finance & Economics with a bachelor degree in Economics. She worked in the Agricultural Bank of China between 1984 and 2018 with the last position as a bank manager at the Yuanling branch (園岭支行).

Ms. Zhang has entered into a service contract with the Company, pursuant to which she was appointed for a term of three years as an executive Director, subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the requirements of the articles of association of the Company and the Rules Governing the Listing of Securities on GEM of the Stock Exchange (‘‘GEM Listing Rules’’). Ms. Zhang is entitled to receive an emolument of HK$120,000 per annum. The emolument of Ms. Zhang was determined by the Remuneration Committee and approved by the Board, with reference to her duties and responsibilities, experience, time commitment, performance of the Group as well as the remuneration benchmark in the industry and the prevailing market conditions, and shall be reviewed by the Remuneration Committee.

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As at the date of this announcement, Ms. Zhang is interested in 1,392,000 shares of the Company. Save as disclosed above in this announcement, as at the date hereof, Ms. Zhang (i) does not have any relationship with any other directors, senior management or substantial or controlling shareholders of the Company, and she does not hold any other position of the Company and its subsidiaries; (ii) has not held any directorships in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years preceding the date of her appointment, or other major appointments and professional qualifications; and (iii) does not have any other interest in the shares, underlying shares or debentures of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Li Xiao Hua

Mr. Li Xiao Hua (李曉華), aged 71, has been the founder and chairman of the board of directors of Huada International Holdings Co. Limited since 1988, which businesses cover China, Japan, Southeast Asia and South America. He has been elected as the member of the 9th National Committee of the Chinese People’s Political Consultative Conference (CPPCC), the Honorary Chairman of the China Charity Federation, member of the Standing Committee of the All-China Federation of Industry and Commerce and director of the China Overseas Friendship Association.

Mr. Li currently acts as a non-executive director of Great China Holdings (Hong Kong) Limited (Stock Code: 21), a company listed on the Stock Exchange.

An appointment letter was entered into between Mr. Li and the Company pursuant to which he was appointed for a term of three years as an independent non-executive Director. He will be subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the requirements of the articles of association of the Company and the GEM Listing Rules. Mr. Li is entitled to receive an emolument of HK$120,000 per annum. The emolument of Mr. Li was determined by the Remuneration Committee and approved by the Board, with reference to his duties and responsibilities, experience, time commitment, performance of the Group as well as the remuneration benchmark in the industry and the prevailing market conditions, and shall be reviewed by the Remuneration Committee.

Save as disclosed above in this announcement, as at the date hereof, Mr. Li (i) does not have any relationship with any other directors, senior management or substantial or controlling shareholders of the Company, and he does not hold any other position of the Company and its subsidiaries; (ii) has not held any directorships in any other public companies, the securities of which are listed on any securities market in Hong Kong or overseas in the last three years preceding the date of his appointment, or other major appointments and professional qualifications; and (iii) does not have any interest in the shares, underlying shares or debentures of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Li has confirmed that he has met the independence criteria set out in Rule 5.09 of the GEM Listing Rules.

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Save as disclosed above and as far as the Directors are aware, there is no other information relating to the above changes which is required to be disclosed pursuant to Rules 17.50(2)(h) to (v) of the GEM Listing Rules nor are there any other matters that need to be brought to the attention of the Shareholders.

The Board would like to express its warmest welcome to Ms. Zhang and Mr. Li on their appointment.

By order of the Board In Technical Productions Holdings Limited Ma Lie Chairman

Hong Kong, 17 November 2022

* For identification purpose only

As at the date of this announcement, the Board comprises Mr. Ma Lie (Chairman), Mr. Yeung Ho Ting Dennis, Mr. Tam Chun Yu and Ms. Zhang Yan Ling as executive directors, Mr. Cui Hai Bin, Mr. Chen Yue, Ms. Jiang Yu E, Mr. Ji Gui Bao and Mr. Li Xiao Hua as independent non-executive directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the ‘‘Latest Listed Company Information’’ page of the Stock Exchange website (www.hkexnews.hk) for at least seven days from the date of its posting and on the Company’s website (www.intechproductions.com).

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