Kingwisoft Technology Group Company Limited — Board/Management Information 2021

Apr 29, 2021

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.

ZHONGJIN TECHNOLOGY SERVICES GROUP COMPANY LIMITED

中金科技服務集團股份有限公司

(formerly known as ZZ Capital International Limited 中植資本國際有限公司 ) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 08295)

CHANGE OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND COMPOSITION OF COMMITTEES

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the ‘‘Board’’) of directors (the ‘‘Director’’) of Zhongjin Technology Services Group Company Limited 中金科技服務集團股份有限公司 (the ‘‘Company’’ together with its subsidiaries, collectively, the ‘‘Group’’) hereby announces that Mr. ZHANG Longgen (‘‘Mr. Zhang’’) has resigned as an independent non-executive Director, the chairman of the Remuneration Committee and the member of the Audit Committee of the Company with effect from 30 April 2021 in order to devote more time to other personal commitments.

Mr. Zhang has confirmed that he does not have any disagreement with the Board and there is no matter that needs to be brought to the attention of the shareholders of the Company in relation to his resignation.

The Board wishes to express its sincere gratitude to Mr. Zhang for his dedication and contribution during his tenure of service as a member of the Board.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND CHANGE OF COMPOSITION OF COMMITTEES

The Board is pleased to announce that Mr. ZENG Liang ( ‘‘ Mr. Zeng ’’ ) will be appointed as an independent non-executive Director, the chairman of the Remuneration Committee and the member of the Audit Committee of the Company with effect from 30 April 2021.

The biographical details of Mr. Zeng are set out as follows:

Mr. ZENG Liang, aged 47, a well-known Internet entrepreneur and angel investor. He has extensive experience in strategic planning, business development and operation management in industries such as digital marketing, mobile Internet and artificial intelligence applications. Mr. Zeng served as senior vice president of Kingdee International Software Group Company Limited from 2003 to 2010. He worked for Microsoft as vice president of Greater China Region from 2010 to 2013 and was responsible for the development of government, education and medical industries in the region. From 2013 to 2017, he held several executive positions including vice president of Baidu Inc. and general manager of Baidu Nuomi. Mr. Zeng obtained Master of Science both in Management and in Engineering from Georgia Institute of Technology in USA. In addition, he holds another Master of Science in Engineering degree from Tsinghua University in Beijing.

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Mr. Zeng has entered into an appointment letter with the Company for an initial term of three years commencing from 30 April 2021 subject to termination in certain circumstances as stipulated in the appointment letter. Mr. Zeng is entitled to receive a director fee of HK$300,000 per annum which was determined with reference to the prevailing market rate. Pursuant to the Articles of Association of the Company, Mr. Zeng shall hold office until the forthcoming annual general meeting of the Company and be eligible for re-election.

Save as disclosed above and as at the date of this announcement, Mr. Zeng (i) does not hold any other positions with the Company or other members of the Group; (ii) has no relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company; (iii) has no interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong); (iv) has not held any directorships in the last three years in public companies the securities of which are listed on any securities market in Hong Kong or overseas; and (v) there is no information in relation to his appointment which is required to be disclosed pursuant to Rule 17.50(2) of the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the ‘‘GEM Listing Rules’’) or any other matter that needs to be brought to the attention of the shareholders of the Company.

The Board would like to express its warm welcome to Mr. Zeng for joining the Board.

By Order of the Board Zhongjin Technology Services Group Company Limited 中金科技服務集團股份有限公司 NIU Zhanbin Chairman

Hong Kong, 29 April 2021

As at the date of this announcement, the executive Directors are Mr. NIU Zhanbin (Chairman), Mr. JIANG Yulin (Chief Executive Officer) and Mr. WU Hui (Chief Operating Officer); and the independent nonexecutive Directors are Mr. Stephen MARKSCHEID, Mr. ZHANG Weidong and Mr. ZHANG Longgen.

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 website of GEM at www.hkgem.com for at least 7 days from the date of its publication and on the website of the Company at www.zhongjintechnology.com.

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