The board (the "Board") of directors of China Silver Technology Holdings Limited announced that Dr. Loke Yu (alias Loke Hoi Lam) ("Dr. Loke") tendered his resignation as an independent non-executive Director, the chairman of the audit committee and the compliance committee, and a member of the remuneration committee and nomination committee of the Company with effect from 30 November 2023. Dr. Loke confirmed to the Company that his resignation was due to his intention to focus on his other business pursuits and commitments. Dr. Loke confirmed to the Company that he has no disagreement with the Board and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or The Stock Exchange of Hong Kong Limited.