Comtec Solar Systems Group Limited — Board/Management Information 2021

Nov 4, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited 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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SINO ICT HOLDINGS LIMITED

芯 成 科 技 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 00365)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (“ Directors ”) of the Company (the “ Company ”, together with it subsidiaries, the “ Group ”) is pleased to announce Mr. Wang Yanxin (“ Mr. Wang ”) has been appointed as an independent non-executive director of the company, with effective from 4 November 2021.

Mr. Wang, aged 64, serves as independent non-executive director of the Company. Mr. Wang held key positions in various organisations in the PRC, including the Chairman of the supervisory board of China Integrated Circuit Industry Investment Fund Co. Ltd. (國家集成電路產業投資基金股份有限公司), Chairman of the supervisory board of Yangtze Memory Technology Co., Ltd. (長江存儲科技有限公司) (National Storage Base), etc. Mr. Wang holds a bachelor’s degree in Accounting from Renmin University of China (中國人民大學) in the PRC and a master’s degree in political economy from the Department of Economics of Renmin University of China (中國人民大學) in the PRC, and is qualified as a senior economist in the PRC.

Mr. Wang has entered into a service contract with the Company for a term of three years (the “ Service Contract ”), which may be terminated by either party giving not less than three months prior notice in writing and is subject to retirement by rotation and re-election at the annual general meetings of the Company in accordance with the Bye-laws and as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). According to the Service Contract, a monthly remuneration of HKD12,000 will be payable to Mr. Wang during his term of office and the remuneration committee of the Company may review and adjust the emoluments payable to Mr. Wang from time to time with reference to his performance and the operational results of the Group.

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Save as disclosed above and as at the date of this announcement, Mr. Wang (i) does not hold any position within the Company and other members of the Group, (ii) does not hold any other directorships in any public companies the securities of which are listed on any securities market in Hong Kong and/or overseas during the period of three years preceding the date of this announcement, (iii) does not have other major appointment or professional qualification, (iv) does not have any relationship with other Directors, senior management or substantial or controlling shareholders of the Company, (v) does not have any interest in the shares or underlying shares of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance and (vi) there is no other information in relation to the appointment of Mr. Wang that is required to be brought to the attention of the shareholders of the Company or required to be disclosed pursuant to any of the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules.

The Board would like to take this opportunity to welcome Mr. Wang in joining the Board.

By order of the Board of

Sino ICT Holdings Limited Du Yang Chairman

Hong Kong, 4 November 2021

As at the date of this announcement, the directors are Mr. Du Yang, Mr. Yuan I-Pei and Mr. Xia Yuan as executive directors; Mr. Li Yongjun and Mr. Li Jinxian as non-executive directors; and Mr. Wang Yanxin, Mr. Cui Yuzhi, Mr. Bao Yi and Mr. Ping Fan as independent non-executive directors.

* For identification purpose only

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