HG Semiconductor Limited — Board/Management Information 2021

Jun 17, 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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HONGGUANG LIGHTING HOLDINGS COMPANY LIMITED 宏 光 照 明 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 6908)

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

The board of directors (the ‘‘Board’’) of HongGuang Lighting Holdings Company Limited (the ‘‘Company’’) is pleased to announce that Dr. Wang David Nin-kou (王寧國) (‘‘Dr. Wang’’) has been appointed as a non-executive director (the ‘‘Non-Executive Director’’) of the Company with effect from 17 June 2021.

Dr. Wang is a well-known executive and innovator with over 40 years of experience in the global semiconductor industry with more than 100 patents under his name. Dr. Wang began his semiconductor career at Bell Laboratories, where he conducted research and made a number of breakthroughs in semiconductor technology. In 1980, Dr. Wang joined Applied Materials, Inc. (a company listed on NASDAQ, stock code: AMAT), one of the world’s largest semiconductor equipment & solution provider, where he led a number of key strategic technology initiatives and revolutionary breakthroughs in semiconductor manufacturing equipment technology. The Precision 5000 that he co-developed became the industry’s successful product, which in 1993 was inducted into the permanent collection of the Smithsonian Institution in Washington, D.C. In recognition of his outstanding contributions to semiconductor industry, Dr. Wang was honored with the first ever lifetime achievement award from Semiconductor Equipment and Materials International (‘‘SEMI’’).

Dr. Wang was the chief executive officer of Huahong (Group) Co., Ltd. (‘‘Huahong Group’’) and the chairman of Huahong NEC, a subsidiary of the Huahong Group between September 2005 and June 2007. Between November 2009 and June 2011, Dr. Wang served as the executive director, president and chief executive officer of Semiconductor Manufacturing International Corporation (中芯國際集成 電路製造有限公司*) (a company listed on The Stock Exchange of Hong Kong Limited, stock code: 0981). In 2017, Dr. Wang was inducted into Silicon Valley Engineering Council Hall of Fame. Dr. Wang served as the chief executive director of Innotron Memory Co., Ltd.* (睿力集成電路有限公司) and chairman of the board of directors of ChangXin Memory Technologies, Inc.* (合肥長鑫存儲有限 公司) from June 2016 to July 2018. Dr. Wang was a board member of the Global Semiconductor Alliance. He has served in numerous industry organizations and advisory roles, including as a board member of SEMI, chairman of SEMI’s China Regional Advisory Board, overseas advisor to the Ministry of Science and Technology of the People’s Republic of China, and chairman of the board of Monte Jade Science and Technology Association (West Coast). Dr. Wang received his Ph.D. in Materials Science and Engineering from the University of California, Berkeley.

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Pursuant to an appointment letter entered into between the Company and Dr. Wang, Dr. Wang has been appointed as a Non-Executive Director of the Company commencing from 17 June 2021. Dr. Wang is appointed for an initial term of three years and is subject to re-election at the next following annual general meeting of the Company after his appointment and thereafter subject to retirement by rotation and re-election in accordance with the Articles of Association of the Company and the Listing Rules. Dr. Wang shall be entitled to an annual remuneration in the sum of HK$800,000 from the Company for serving as a Non-Executive Director.

Save as disclosed in this announcement:

• (i) Dr. Wang did not hold any directorship in any other listed companies in the last three years;

• (ii) Dr. Wang did not have any interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong);

• (iii) Dr. Wang (1) did not hold any other position in the Company or its subsidiaries; and (2) did not have any relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company (as defined under the Listing Rules); and

• (iv) Dr. Wang confirmed that saved as disclosed herein, as at the date of this announcement, there was no other information in relation to his appointment that is required to be disclosed pursuant to Rule 13.51(2)(h) to (v) of the Listing Rules or any matter that need to be brought to the attention of the shareholders of the Company.

The Board would like to take this opportunity to welcome Dr. Wang on board and to lead us to a new market position in the semiconductor industry.

By Order of the Board of

HongGuang Lighting Holdings Company Limited Zhao Yi Wen Chairman and Executive Director

Hong Kong, 17 June 2021

As at the date of this announcement, the executive directors of the Company are Mr. Zhao Yi Wen, Mr. Lin Qi Jian and Mr. Chan Wing Kin; the Non-Executive Directors are Dr. Wang and Mr. Chiu Kwai San; and the independent non-executive directors are Professor Chow Wai Shing, Tommy, Mr. Wu Wing Kuen, B.B.S. and Mr. Chan Chung Kik, Lewis.

• For identification purpose only

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