CALC Appoints Mr. Conrad LI as Chief Strategy Officer and Co-Chief Financial Officer

Hong Kong - 3 January 2023 – China Aircraft Leasing Group Holdings Limited (“CALC” or the “Company”, HKSE stock code: 1848; together with subsidiaries, the “Group”), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce the appointment of Mr Conrad LI as its Chief Strategy Officer (“CSO”) and Co-Chief Financial Officer (“Co-CFO”), responsible for jointly managing the Group’s strategic planning, financing, investor relations and accounting matters, effective on 3 January 2023.

Mr. LI has three decades of professional experience in business management, investment and financing as well as financial management. He possesses in-depth knowledge of Hong Kong and Mainland China capital markets where he led and completed a good number of corporate financing projects. He is also familiar with the M&A activities in both onshore and offshore markets on top of his practices of credit rating management. Prior to joining the Group, Mr. LI has a track record in serving senior positions in the blue-chip and large-scale companies, including the Executive Director, Co-CFO and Deputy General Manager of Zhongsheng Group Holdings Limited (HKSE stock code: 0881), Executive Director and Chief Financial Officer of China Resources Pharmaceutical Group Limited (HKSE stock code: 3320), and Accounting Director of China Resources (Holdings) Co., Ltd. Mr. LI obtained a Master’s degree in Financial Management from Nanyang Technological University in Singapore and a Master’s degree in Business Administration from Wuhan University. He is also a Chartered Financial Analyst qualified by the CFA Institute and a Chartered Accountant (Singapore) qualified by the Institute of Singapore Chartered Accountants.

Commenting on the appointment of Mr. LI, Mr. Mike Poon, Executive Director and Chief Executive Officer of CALC, said, “Mr. LI joins the Company in the right time, as the Company has been making remarkable achievements in its aircraft full value chain business with solid foundation laid through strategic planning, financing capability and financial management. We warmly welcome Mr. LI to join the CALC team with his comprehensive management expertise in capital market, M&A, financial management as well as investor relations from his prior positions in several listed companies and large corporations.”

Mr. Barry Mok, Deputy Chief Executive Officer and Chief Financial Officer of CALC, said, “CALC has diversified onshore and offshore financing channels, quality funding sources and easy access to financing instruments, which are all key to the Group’s long-term sustainable development. We hope that Mr. LI’s professional expertise and management experience will further optimise our financing capability, expand our funding sources, and improve our financial management.”

Mr. LI Guohui said, “CALC boasts quality aircraft portfolio and all-around business layout throughout industry chain. It’s an honor to become a CALC member.  I look forward to working with CALC’s high-calibre team to empower the Company’s growth through strategic and financial planning and level up its quality development by grasping industry opportunities to further enhance shareholder value.”