On November 7, 2025, Gao Ya Optical International Group Limited (hereinafter referred to as "Gao Ya Optical") made a significant announcement: the company has appointed a new executive director.

The board of directors declared that, with effect from November 7, 2025, Mr. Wang Yichuan has taken on the roles of executive director, as well as member of both the Remuneration Committee and the Nomination Committee.

Mr. Wang Yichuan, 45 years old, has been a director of Yichuan Holdings Limited since 2022. He brings with him a wealth of experience in finance and corporate governance.

Based on the service agreement issued to Mr. Wang, he has been appointed as an executive director for an initial three-year term starting from November 7, 2025. After this initial period, his appointment will be automatically renewed on an annual basis unless terminated by written notice from either party. Mr. Wang's tenure will continue until the next Annual General Meeting following his appointment, at which point he may be eligible for re-election.

Thereafter, his directorship within the company will be subject to retirement by rotation and subsequent re-election at the company's Annual General Meetings, in line with the company's Bye-laws and the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Mr. Wang is set to receive a monthly director's fee of HK$10,000, a figure determined by taking into account his experience, as well as his duties and responsibilities within the company.

Mr. Wang also stands as a major shareholder of the company, holding 104,297,719 shares, which represent approximately 11.95% of the total issued shares of the company as of the date of this announcement. Apart from the information disclosed above, as of the date of this announcement, Mr. Wang does not hold any other positions within the company or any other member companies of the group.

Currently, the company's board of directors is composed of the following members.