The board of directors of Cosmo Lady (China) Holdings Company Limited announced that Ms. Fung Yat Carol will resign, with effect from 31 December 2022, as a non-executive director of the Company due to her other business development. The Board announced that Ms. Kong Xiangying will be appointed as a non-executive director of the Company with effect from 31 December 2022. Ms. Kong, aged 36, is currently a vice president of JD.com Inc. Ms. Kong is also the head of JD Retails Fashion Business Department.

Ms. Kong joined JD.com in July 2012, and served as the head of the JD Retail Platform Ecosystem Department. She has rich business experience and platform ecosystem construction experience. Ms. Kong graduated from Harbin Institute of Technology in July 2012 with a master's degree in Enterprise Management.