Zhejiang United Investment Holdings Group Limited announced that Ms. Lai Pik Chi Peggy has re-designated from independent non-executive director to executive director, and accordingly ceased to be the chairman of the audit committee and a member of the legal compliance committee and appointed as the company secretary with effect from 19 July 2021. The Board also announced that Mr. Zhou Ying, currently the chairman and an executive director of the company, has been appointed as the chairman and member of the Legal Compliance Committee with effect from 19 July 2021.