Stream Ideas Group Limited — Board/Management Information 2022

Apr 4, 2022

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.

Stream Ideas Group Limited 源想集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8401)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The board (the ‘‘Board’’) of directors (the ‘‘Directors’’) of Stream Ideas Group Limited (the ‘‘Company’’) is pleased to announce that it has appointed Mr. Xu Jianguo as an independent non-executive director with effect from 13 April 2022. Below is his biography.

Xu Jianguo (徐 建 國), aged 46, is a founder of a number of schools in the People’s Republic of China. He is the legal representative, managing director and a shareholder of a vocational school, 成都市郫都區 弘德苑智 信錦華職業技能培訓學校 有 限公司. He is a shareholder and supervisor of an education consultant company, 成都 弘德苑 國學啟蒙 教 育諮詢 有 限公司. He is responsible for managing the finance of a kindergarten, 成都市郫都區 弘德苑 幼兒園. He was an engineer at Huawei Technologies Co. Ltd. during the period from 2000 to 2017.

He obtained a bachelor’s degree in electrical engineering from Chengdu Education Institute of Technology (now known as Chengdu University of Technology) (成都理工學院, now known as 成都理工大學)) in 1998.

Mr. Xu has entered into an appointment letter with the Company for a term of three years commencing from 13 April 2022 subject to retirement and re-election at the first general meeting of the Company after his appointment and subsequently subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. Pursuant to his appointment letter, Mr. Xu is entitled to a directors’ remuneration of HK$8,000 per month for his appointment as an independent non-executive director, which was determined with reference to the duties and responsibilities of an independent non-executive Director and the current prevailing market conditions and practice.

Mr. Xu is interested in 36,000 shares of the Company, representing 0.018% of the total issued share capital of the Company.

Save as disclosed above and as at the date of this announcement, Mr. Xu (i) did not hold any position with the Company or other members of the Group; (ii) did not have any relationship with the Directors, senior management, substantial shareholders or controlling shareholders (as defined in the Rules Governing the Listing of Securities on GEM of the Stock Exchange (the ‘‘GEM Listing Rules’’)) of the Company; and (iii) did not hold any directorship in public companies in the last three years the securities of which are listed on any securities market in Hong Kong or overseas.

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The Board would like to welcome Mr. Xu to the Group.

By Order of the Board Stream Ideas Group Limited Law Ka Kin Executive Director

Hong Kong, 4 April 2022

As at the date of this announcement, the Board comprises five executive Directors, namely Ms. Cheung Lee, Mr. Law Ka Kin, Mr. Lee Wing Leung Garlos, Mr. Leung Wai Lun and Ms. Xu Xiuhong and four independent non-executive Directors, namely Mr. Kwan Chi Hong, Mr. Fenn David, Mr. Ho Ho Tung Armen and Ms. Guo Hongyan.

This announcement, for which the directors of the Company 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 of the Company, 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 GEM website of The Stock Exchange of Hong Kong Limited at http://www.hkgem.com and The Stock Exchange of Hong Kong Limited’s website at www.hkexnews.hk ‘‘Latest Listed Company Information’’ page for at least seven days from the date of its posting. This announcement will also be published on the website of the Company at www.stream-ideas.com.

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