CHTC Fong's International Company Limited announce that with effect from 26 July 2019, Mr. Wu Xudong has been appointed as an Executive Director of the Company. Mr. Wu has been working in the textile machinery manufacturing industry for a prolonged period, knowing the traits in the markets and operations of the textile machinery industry, having approximately 30 years of experience in operation management as well as solid theoretical foundation and extensive practical experience in aspects of business operation, lean management and innovation in business model. Mr. Wu will assist with the work of the Chairman of the Board.