Kinetic Development Group Limited — Board/Management Information 2025

Feb 6, 2025

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.

力量发展

KINETIC DEVELOPMENT GROUP

Kinetic Development Group Limited

力量發展集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1277)

CHANGE OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

RESIGNATION OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The board (the "Board") of directors (the "Directors") of Kinetic Development Group Limited (the "Company") hereby announces that Ms. Cheng Lucy ("Ms. Cheng") has tendered her resignation as the company secretary of the Company (the "Company Secretary") and ceased to act as an authorised representative of the Company under Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and an authorised representative of the Company for accepting service of process or notice on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (collectively, the "Authorised Representative") with effect from 6 February 2025.

Ms. Cheng has confirmed that she has no disagreement with the Board and there is no matter in relation to her resignation that should be brought to the attention of the Stock Exchange or the shareholders of the Company.

---

2

APPOINTMENT OF COMPANY SECRETARY AND AUTHORISED REPRESENTATIVE

The Board is pleased to announce that Mr. Chong Yuk Fai (“Mr. Chong”) has been appointed as the Company Secretary and the Authorised Representative with effect from 6 February 2025.

Mr. Chong, aged 44, has over 15 years of experience in accounting, corporate finance and company secretarial functions. Prior to joining the Company, Mr. Chong worked at an international accounting firm providing assurance services and held positions at several listed companies in Hong Kong, where Mr. Chong was responsible for financial management and company secretarial functions. Mr. Chong holds a bachelor’s degree in Accounting and Finance from The University of Hong Kong and is a member of the Hong Kong Institute of Certified Public Accountants.

The Board would like to take this opportunity to express its appreciation for Ms. Cheng’s valuable contributions to the Company during her term of service and to warmly welcome Mr. Chong on his new appointment.

By Order of the Board
Kinetic Development Group Limited
Ju Wenzhong
Chairman and Executive Director

Hong Kong, 6 February 2025

As at the date of this announcement, the Board comprises seven Directors, of whom three are executive Directors, namely Mr. Ju Wenzhong (Chairman), Mr. Li Bo (Chief Executive Officer) and Mr. Ji Kunpeng; one is a non-executive Director, namely Ms. Zhang Lin, and three are independent non-executive Directors, namely Ms. Liu Peilian, Mr. Chen Liangnuan and Ms. Xue Hui.