The board of directors of Carry Wealth Holdings Limited announced that Ms. Zheng Xianzhi resigned as an independent non-executive director and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company with effect from 6 June 2020 due to her other engagement. Following the resignation of Ms. Zheng, the Board announced that Mr. Wang Shiming has been appointed as an independent non-executive director and a member of the Audit Committee, Remuneration Committee and Nomination Committee of the Company with effect from 6 June 2020. Mr. Wang, aged 43, he has been the deputy general manager of Shanghai Heka Information Technology Co. Ltd. since March 2017, responsible for investment and management. Prior to this, Mr. Wang worked in various PRC companies and was responsible for investment and financing. Mr. Wang had extensive experience in the field of investment, financing and management of IT projects.