CNT Group Limited announced that Mr. Wu Hong Cho, the independent non-executive director of the Company, has been re-designated as a non-executive director of the Company, and has ceased to be the chairman of the audit committee, member of the remuneration committee, member of the nomination committee of the Board and the sole member of the Independent Board Committee; and Mr. Ko Kwok Fai, Dennis, the independent non-executive director of the Company, has been appointed as the chairman of each of the audit committee, the remuneration committee and the nomination committee of the Board and the sole member of the Independent Board Committee. Mr. Wu Hong Cho was an independent consultant of C C Land Holdings Limited, a company from May 2012 to December 2020 and effective December 1, 2021 Mr. Wu has ceased to be the sole member of the Independent Board Committee following his re-designation as a non-executive director of the Company; and Mr. Ko has been appointed as the sole member of the Independent Board Committee.