The Board of Prosperous Future Holdings Limited announced that Mr. Fok King Man Ronald ("Mr. FOK") has been appointed as an executive Director with effect from 8 January 2021. Mr. FOK has been the chief investment officer of the Company since June 2020. The Board announced that Mr. Chan Hoi Tik ("Mr. CHAN"), the executive Director, chief financial officer, company secretary, authorized representative and agent for the service of process in Hong Kong of the Company, will cease to be the company secretary (the "Company Secretary") and agent for the service of process in Hong Kong (the "Process Agent") of the Company with effect from 8 January 2021. Mr. CHAN will remain as the executive Director, chief financial officer and authorized representative of the Company. The Board announced that Mr. Li Kin Ping ("Mr. LI"), the financial controller of the Company, has been appointed as the Company Secretary and the Process Agent with effect from 8 January 2021. Mr. LI, aged 37, obtained a bachelor 's degree of Business Administration (Honours) Accounting from Hong Kong Baptist University. He is a member of the Hong Kong Institute of Certified Public Accountants and has over 10 years of experience in accounting and auditing for Hong Kong listed companies and private companies. The Board announced that Mr. FOK will be appointed as a member of the executive committee of the Company with effect from 8 January 2021. The Board announced that the Company has established an investment and credit committee (the "Investment and Credit Committee") on 8 January 2021 for the purpose of effective and timely management of the day-to-day activities of the securities investment operation and the money lending operation of the Group. Mr. Lau Ka Ho has been appointed as the chairman of the Investment and Credit Committee and Mr. Tsai Wallen and Mr. FOK have been appointed as members of the Investment and Credit Committee with effect from 8 January 2021.