Youzan Technology Limited — Board/Management Information 2004

Sep 16, 2004

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) (Stock code: 8083)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND AUDIT COMMITTEE MEMBER

The board of directors (the “Board”) of SYSCAN Technology Holdings Limited (the “Company”) is pleased to announce that Mr Jin Qingjun will be appointed as an Independent Non-executive Director and a member of the Audit Committee of the Company for a term of 3 years with effect from 30 September 2004.

Mr Jin, aged 47, is currently a partner of King & Wood, solicitors and attorneys in PRC. He has over 18 years of rich experience in the fields of finance, securities, investment, intellectual property, real estate, corporate, maritime, insolvency and litigation as well as foreign investment related areas. Mr Jin was the founder and Managing Partner of Shu Jin & Co., solicitors and attorneys in PRC. He has previously worked as Attorney for C & C Law Office in PRC, as Foreign Attorney for Clyde & Co., British solicitors, and Johnson Stokes & Master, solicitors in Hong Kong. Presently, Mr Jin acts as legal consultant for various financial institutions, securities companies, listed companies and overseas corporations such as the World Group International Finance Corporation. He is now also acting as independent director of two companies in Shenzhen, PRC namely 金地集團股份有限公司 and 景順 . 長城基金管理有限公司

Mr Jin is one of the first lawyers who are granted the license of securities transactions in PRC. He holds a bachelor’s degree in English from Anhui University and a master degree of Laws in International Laws from China University of Political Science & Law. He is the Adjunct Professor of China University of Political Science & Law, and Vice-Chairman of International Committee of All China Lawyers Association. Mr Jin is also a member of various law societies and associations namely China Law Society, China International Law Association, China Maritime Law Association, D.C. Bar of the United States of America, WTO Committee of All China Lawyers Association and Inter Pacific Bar Association.

Mr Jin does not hold any other position with the Company or members of the Group. According to his service contract with the Company, Mr Jin’s emoluments, which are determined based on the prevailing market conditions and his role and responsibilities, are HK$120,000 per annum. Mr Jin is interested in 50,000 shares (representing approximately 0.049% of the issued share capital of the Company) and has no share option within the meaning Part XV of the Securities and Futures Ordinance.

Mr Jin does not have any relationship with any directors, senior management, management shareholders, substantial shareholders, or controlling shareholders of the Company. Save as disclosed aforesaid, there are no other matters that need to be brought to the attention of the shareholders of the Company.

The Board would like to welcome Mr Jin Qingjun to join the Company.

By Order of the Board SYSCAN Technology Holdings Limited Cheung Wai Chairman

Hong Kong, 16 September 2004

As at the date of this announcement, the Directors are Mr Cheung Wai, Mr Darwin Hu, Dr Zhang Fu, Mr Chan Man Ching and Mr Wong Chung, John who are Executive Directors, and Mr Lo Wai Ming and Mr Fong Chi Wah, who are Independent Non-executive Directors.

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 regard 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