Gala Technology Holding Limited announced that Mr. Chu Kai Chi has tendered his resignations as the chief financial officer of the Company pursuant to Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited to pursue other career development, with effect from 4 May 2023. The Board announced that Mr. Zhang Boyang has been appointed as the Chief Financial Officer with effect from 4 May 2023 to fill the vacancy following the resignation of Mr. Chu. Mr. Zhang, aged 33, joined the Company on 29 January 2023 as the secretary to the Board and a director of Investor Relations of the Company.

Mr. Zhang has more than 9 years of experience in the field of finance, audit and investor relations. Prior to joining the Company, Mr. Zhang has served as finance manager and chief financial officer for several companies. Mr. Zhang graduated from Wheaton College in the United States of America with dual degrees in bachelor of mathematics and bachelor of economics in 2013.

Mr. Zhang is a registered member of the Chinese Institute of Certified Public Accountants.