Enterprise Development Holdings Limited — Board/Management Information 2021

Jan 3, 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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ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企展控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1808)

APPOINTMENT OF EXECUTIVE DIRECTOR

The board (the “ Board ”) of directors (the “ Directors ”) of Enterprise Development Holdings Limited (the “ Company ”) hereby announces that Ms. Mao Junjie (“ Ms. Mao ”) was appointed as an executive Director with effect from 31 December 2020.

The biographical details of Ms. Mao are set out below: -

Ms. Mao Junjie (毛俊杰), aged 38, worked at 北京東方龍馬軟件發展有限公司 (Beijing Oriental LegendMaker Software Development Company Limited*), a subsidiary of the Company, from October 2012 to March 2017, and her last position was a public relations manager. Ms. Mao was a director of Forefront International (Hong Kong) Limited, a company incorporated in Hong Kong with limited liability and an indirect wholly-owned subsidiary of Rentian Technology Holdings Limited (Stock code: 885) (“ Rentian Technology ”) (the controlling shareholder (as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”)) of the Company which was ordered to be wound up by the High Court of Hong Kong on 21 October 2020), between the period from May 2019 until her resignation on December 2020. Ms. Mao confirmed that she is not a party of such winding up proceedings and is not aware of any actual or potential claim that has been or will be made against her as a result of the above. Ms. Mao has held senior positions in certain well-known companies and different international financial institutions. She has 15 years of experience in financial management, information system management, accounting projects, and various mergers and acquisitions activities. She has participated in and completed a number of the initial public offering projects in Hong Kong, Canada and China. In addition, Ms. Mao has accumulated extensive experience in stock and bond analysis, trading and portfolio construction, currency trading, non-performing asset investment, quantitative research and derivative trading. Ms. Mao obtained a bachelor's degree from The Central Academy of Drama in July 2006.

Ms. Mao has entered into a management employment contract with the Company on 31 December 2020 for an initial term of three years commencing from 31 December 2020 unless terminated by not less than one month’s notice in writing served by either party to the other. She is subject to retirement and re-election at the next annual general meeting of the Company after

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her appointment and thereafter subject to retirement by rotation in accordance with the articles of association of the Company. Ms. Mao is entitled to a Director’s remuneration of HK$300,000 per month, which is determined by the remuneration committee of the Company (the “ Remuneration Committee ”) based on her duties and responsibilities in the Group and the prevailing market conditions. She is also entitled to an annual discretionary performance bonus as may be determined by the Board with reference to the recommendation from the Remuneration Committee based on the financial performance of the Company and her performance.

Ms. Mao did not hold any directorship in other listed companies during the past three years. She does not have any relationship with any Directors, senior management, substantial or controlling shareholders (as defined under the Listing Rules) of the Company. As at the date of this announcement, she does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

Save as disclosed above, neither is there any further information required to be disclosed pursuant to the requirements under Rule 13.51(2)(h) to (v) of the Listing Rules, nor is there any other matter relating to the appointment of Ms. Mao that needs to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Ms. Mao for joining the Board.

By Order of the Board Enterprise Development Holdings Limited Guan Huanfei Chairman�

Hong Kong, 31 December 2020

As at the date of this announcement, the Board comprises three executive Directors, namely Mr. Guan Huanfei (Chairman), Mr. Bai Xuefei and Ms. Mao Junjie, and two independent non-executive Directors, namely Mr. Liu Jian and Mr. Cai Jinliang.

* For identification purposes only

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