Honghua Group Limited announced executive changes. Mr. Liu Zhi resigned as Executive Director of the company. The Board announced Mr. POON Chiu Kwok has been appointed as Independent Non-executive Director, member of Audit Committee and Strategic Investment and Risk Control Committee of the company; and Mr. Chang Qing has been appointed as Independent Non-executive Director and member of Audit Committee and Strategic Investment and Risk Control Committee of the company. Mr. POON is currently an executive director, vice president and company secretary of Huabao International Holdings Limited. Mr. POON has years of experience in finance, compliance and listed companies management. Mr. Chang is currently the chairman of Jinpeng International Futures Co. Ltd., a professor of China Agricultural University and the chairman of the expert committee of China Futures Association. Mr. Chang is also currently a council member of Shanghai Futures Exchange and a member of the Expert Committee of China Securities Journal.