CHTC Fong's International Company Limited announced that Ms. Guo Yunfei has tendered her resignation as an Executive Director and the Financial Controller of the Company with effect from 1st November 2022 due to her new work arrangement in China Hi-Tech Group Corporation, the controlling shareholder of the Company. The Board also announced that with effect from 1st November 2022, Mr. Liu Jie has been appointed as the Financial Controller of the Company responsible for the overall financial management of the Group. Mr. Liu, aged 33, graduated from International College of Qingdao University majoring in accounting, and obtained a bachelor's degree in management in July 2011.

Mr. Liu has also obtained the professional qualification as a member of the Chinese Institute of Certified Public Accountants. From July 2011 to September 2022, Mr. Liu had been working for Qinadao Hongda Textile Machinery Co. Ltd. and involved in financial management affairs during the last eight years with the last position as the Head of Finance Department.

Mr. Liu joined the Company on 10 October 2022.