The Board of Chong Sing Holdings FinTech Group Limited announced that Mr. Wong Ka Bo, Jimmy has tendered his resignation as executive director of the Company with 30 November 2020 being the last day of his office. The Board hereby also announced that Mr. Hu Xiuren, executive director of the Company, will be appointed as the chairman of the Loan Receivables Recovery Committee and the Debt Restructuring Committee, all of which shall take effect from 1 December 2020.