Mr. Lyu Jun, aged 62, has been appointed as the Vice President of the Company since October 2014. He currently serves as the general manager of Guangzhou Five Goat Watch Company Limited, had been appointed as the chairman of The Dreyfuss Group Limited and the CEO of Eterna Movement AG for near three years, all of which are subsidiaries of the Company. He had been working for Tianjin Watch Factory (currently known as Tianjin Seagull Watch Co., Ltd, “Tianjin Seagull”) since 1983 and acting as the General Manager of Tianjin Seagull for almost four years before joining the Company. Mr. Lyu holds a master’s degree in Executive Master of Business Administration from Tianjin University of Finance & Economics. Mr. Lyu has engaged in the domestic and overseas watch industry for more than 40 years and possesses tremendous experiences in business administration and international trading.

Ms. Lam Lai, aged 47, has been appointed as the Vice President of the Company in April 2021. She is also the director of various subsidiaries of the Company, including Bendura Bank AG and VGB Limited. Ms. Lam joined the Company in 2008, served as investment manager and has been redesignated as CEO assistant, mainly responsible for merger and acquisition projects as well as business development. Ms. Lam served as an executive director and authorized representative of Ernest Borel Holdings Limited (a company listed on the Main Board of the Stock Exchange, Stock Code: 1856), a subsidiary of the Company from October 2018 to May 2025, and currently is a non-executive director of Dragon Mining Limited (a company listed on the Main Board of the Stock Exchange, Stock Code: 1712). Ms. Lam graduated from University of Western Sydney in 2001 with a Bachelor of Business degree majoring in marketing.

Mr. Lai Binyong, aged 60, has been appointed as a vice president of the Company in September 2024. He is currently the general manager of Shenzhen Permanence Commerce Co., Ltd.*, a subsidiary of the Company, and a director of Henan Kingship Intelligent Technology Co., Ltd.*. Mr. Lai is responsible for the company’s development strategy, market trends analysis, financial planning and capital needs, as well as formulating comprehensive and feasible financing strategies. Mr. Lai was a finance manager of Everbright Timber Industry (Shenzhen) Co., Ltd.* (a former subsidiary of the Company) and financial controller of Shenzhen Permanence Commerce Co., Ltd*. Mr. Lai holds an Associate Degree in Accounting from Southwest Jiaotong University and has accumulated extensive experience in accounting and finance related work for more than 30 years.

Ms. Du Haining, aged 45, hold a bachelor’s degree in Human Resources Management. Ms. Du has been appointed as vice president of the Company since January 2025. She possesses over twenty years of extensive experience in corporate management, human resources and administration.

Before joining the Company, Ms. Du held key management positions at several subsidiaries of Citychamp Dartong, including the manager of general department of Shenzhen Guanyang Real Estate Co., Ltd.*, the deputy general manager of Junhe Real Estate (Jiangsu) Co., Ltd.*; the general manager of Suzhou Citychamp Hongxiang Real Estate Co., Ltd.* and the deputy general manager of the Yangtze River Delta. During her tenure, she was primarily responsible for designing the company’s internal management framework, formulating business development strategies and operating policies, coordinating regional business objectives, and overseeing team management. She has extensive practical experience in corporate strategic planning, operational decision-making, cross-departmental coordination, and management process optimisation, demonstrating a comprehensive corporate management perspective and execution capabilities.

Mr. Ho Wai Man, aged 43, has been appointed as the Chief Financial Officer of the Company in November 2024. He joined the Company in May 2019. Mr. Ho is a Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants (“HKICPA”). He holds a Bachelor of Commerce in Accounting and has over 18 years of experience in accounting and finance gained in various companies listed on Main Board and GEM Board of the Stock Exchange.

Ms. Ho Shuk Han, aged 45, has been appointed as the Company Secretary of the Company in November 2024. She joined the Company in January 2021. Ms. Ho is an associate member of the Hong Kong Chartered Governance Institute and the Chartered Governance Institute. She holds a Bachelor of Arts degree in Business Studies, a master’s degree in Professional Accounting and a master’s degree in Corporate Governance from The Hong Kong Polytechnic University respectively. Ms. Ho has over 20 years’ working experience in regulatory compliance, corporate governance, as well as in company secretarial matters, all were gained in various companies listed on the Main Board of the Stock Exchange.