CHTC Fong's International Company Limited announced that with effect from 1 March 2022, Mr. Wu Xudong resigned as an Executive Director of the Company; Mr. Ying Wei resigned as an Independent Non-Executive Director of the Company. He also ceased to be the chairman of the Audit Committee and a member of the Nomination Committee and Remuneration Committee of the Company with effect from the same date; Dr. Yuen Ming Fai resigned as an Independent Non-Executive Director of the Company. He also ceased to be a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company with effect from the same date; Mr. Tong Wing Chi has been appointed as an Independent Non-Executive Director, chairman of the Audit Committee and a member of the Nomination Committee and Remuneration Committee of the Company; and Dr. Jiang Gaoming has been appointed as an Independent Non-Executive Director and a member of the Audit Committee, Nomination Committee and Remuneration Committee of the Company. Mr. Tong is an independent non-executive director of Trendzon Holdings Group Limited. Dr. Jiang is currently a professor in the School of Textile Science and Engineering at Jiangnan University, the director of the Engineering Research Center of the Department of Education for Knitting Technology at Jiangnan University, and the director
of the Institute of Knitting Technology at Jiangnan University, and has long been engaged
in the research on textile equipment intelligence and new textile structural materials.