Radiance Holdings (Group) Company Limited announced that its board will seek shareholder approval at the annual general meeting scheduled for 26 June 2026 to appoint two new members to the board.

Upon approval, Dr. Shen Houcai, aged 62, will join as an independent non-executive director for an initial three-year term. Dr. Shen is a professor at Nanjing University’s School of Engineering Management and brings more than 30 years of academic and professional expertise in supply-chain optimisation, pricing and revenue management, and operations research. His prior listed-company experience includes a six-year tenure as independent non-executive director at Suning.com Co., Ltd. (2013–2019). The board has confirmed his independence in accordance with Rule 3.13 of the Hong Kong Listing Rules.

Mr. Zhou Xiaohui, aged 42, will be appointed as an executive director, also for an initial three-year term. Since joining Radiance Holdings in March 2023, Mr. Zhou has overseen financial and capital management, serving sequentially as general manager of the capital management centre and chief financial officer for both the Fujian regional company and the Xi’an company. His 17-year career spans branch management at Bank of China, asset-management leadership at China Minsheng Banking Corp., and finance centre management at Guangzhou KWG Holdings Group.

Remuneration for both proposed directors will be set by the board based on qualifications, responsibilities and overall group performance, with details to be disclosed in the AGM poll results announcement. The company confirms that neither proposed director currently holds any shares or debentures in Radiance Holdings and that no relationships exist with substantial or controlling shareholders.

Subject to shareholder approval, the appointments will take effect immediately after the AGM’s conclusion.