Youzan Technology Limited — Board/Management Information 2003

Apr 23, 2003

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims 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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SYSCAN Technology Holdings Limited 矽 感 科 技 控 股 有 限 公 司 *

( Incorporated in Bermuda with limited liability)

RETIREMENT OF EXECUTIVE DIRECTOR AND CHANGE OF COMPLIANCE OFFICER

The board of directors (the "Board") of SYSCAN Technology Holdings Limited (the "Company") announces that Mr Zhang Hongru retired by rotation and was not re-elected as director of the Company at the Company’s annual general meeting (“AGM”) held on 23 April 2003. Accordingly, Mr Zhang ceased to be the executive director and his position as compliance officer of the Company effective from the conclusion of the AGM. Thereafter, he is no longer an employee of the Company. The Board would like to express its appreciation towards Mr Zhang for his past contribution to the Group.

The Board also announces that Mr Cheung Wai, Chairman of the Company, has been appointed in place of Mr Zhang Hongru as the Company’s compliance officer effective from 23 April 2003.

By Order of the Board SYSCAN Technology Holdings Limited Company Secretary Chow Suk Han, Caroline

Hong Kong, 23 April 2003

This announcement, for which the directors of SYSCAN Technology Holdings Limited collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with r egard to SYSCAN Technology Holdings Limited. The directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief: 1. the information contained in this announcement is accurate and complete in all material respects and not misleading; 2. there are no other matters the omission of which would make any statement in this announcement misleading; and 3. all opinions expressed in this announcement have been arrived at after due and careful consideration and are founded on bases and assumptions that are fair and reasonable.

This announcement will remain on the “Latest Company Announcements” page of the GEM website for at least 7 days from the date of its posting and on the Company’s website at www.syscaninc.com.

*For identification purposes only