The board of directors of China U-Ton Future Space Industrial Group Holdings Ltd. (the "Company") announces that Mr. MOK, Kwan Leong ("Mr. Mok") has been appointed as an executive Director with effect from 29 March 2022. Mr. Mok has approximately four years of experience in advising on corporate restructuring and insolvency matters. In May 2015, Mr. Mok joined Manivest Asia Limited, a member of the Manivest Group, a major consulting firm in Greater China which advises on company restructuring service and international financial and tax matters, as the Supervisor, Litigation Support and Consultancy Services Department.

He left the Manivest Group briefly in March 2016 and re-joined the Manivest Group in October 2018 as the Chief Executive Officer (Greater China). Mr. Mok is also appointed as the Director of Business Development of the Manivest Group. Mr. Mok is currently responsible for managing the operations of the Manivest Group in Mainland China and the Macau Special Administrative Region.