Technovator International Limited's board of directors announced that Mr. Qin Xuzhong (Mr. Qin), an executive director of the company and chairman of the Board, has been appointed as a member of the Remuneration Committee and the Nomination Committee with effect from 26 March 2020. Following the appointment of Mr. Qin as a member of the Remuneration Committee and the Nomination Committee, the Remuneration Committee and the Nomination Committee have been restored to a minimum of three members as prescribed under their respective terms of reference.