China Electronics Optics Valley Union Holding Company Limited announced that Ms. Chan Ching Har Eliza has tendered her resignation as an independent non-executive Director with effect from 1 August 2022 because she wishes to dedicate more time to her commitment as a member of the Executive Council of Hong Kong. Ms. Chan will also cease to be the Chairman of the remuneration committee of the Board (the "Remuneration Committee") with effect from 1 August 2022. The Board announced that, with effect from 1 August 2022, Mr. Qi Liang ("Mr. Qi") has been appointed as an independent non-executive Director, and the Chairman of the Remuneration Committee.

Mr. Qi had previously held various positions in China Merchants Bank Beijing Branch, including the Office Deputy Director and the Branch President. He had been the Assistant to the President, and the General Manager of the Finance Department of China Aerospace International Holdings Limited.