The board of directors of Bonjour Holdings Limited announced that with effect from 26 May 2020. Dr. Ip Chun Heng, Wilson will step down from the positions of chairman of the Board. Dr. Ip will be appointed as vice chairman of the Board and will remain as an executive Director of the Board; Mr. Chen Jianwen will be appointed as Chairman and will step down from the position of Vice Chairman; Mr. Wan Yim Keung, Daniel will be appointed as Vice Chairman; and Ms. Chung Pui Wan will step down from the position of Vice Chairman but will remain as an executive Director. Mr. Chen Jianwen, aged 57, is the vice-chairman of the Board and an executive Director. Mr. Chen is a seasoned merchant in various businesses and is mainly responsible for the business development of the company. He is currently a director of Haifu International Finance Holding Group Ltd. and has diverse investments in Mainland China including commercial real estate, natural resources and manufacturing businesses. He is also the justice of the peace of the Special Administrative Region of Hong Kong, a member of the Election Committee of the HKSAR, convenor of Inner Mongolia Autonomous Regional Committee (Hong Kong Region) of the Chinese People's Political Consultative Conference, honorary president of Hong Kong Shine Tak Foundation, honorary manager of Nan Tien Institute (Australia) and founding vice-chairman of Chinese Academy of Governance (HK) Industrial and Commercial Professionals Alumni Association. Mr. Chen is responsible for the overall strategic planning and formulation of corporate policies of the Group. He is also a director of a number of subsidiaries of the Company. Dr. Ip Chun Heng, Wilson, aged 62, is the chairman of the Board, the chief executive officer of the Company and an executive Director. He is also a member of the remuneration committee and the nomination committee of the Company. Dr. Ip together with Ms. Chung Pui Wan founded the business of the Group in June 1991. Dr. Ip has more than 42 years' experience in running retail and service business. Dr. Ip has received World Outstanding Chinese Award and honorary doctorial degree from State Gleska University of California in 2007. Based on his solid experience in retail and wholesale industries, he has successfully led the business of the Group grow tremendously since 1996. Dr. Ip is responsible for the overall strategic planning and formulation of corporate policies of the Group. He is also a director of a number of subsidiaries of the Company. Dr. Ip is the spouse of Ms. Chung Pui Wan, the vice-chairman of the Board and an executive Director, and the brother of Mr. Yip Kwok Li, an executive Director. Mr. Wan, aged 62, is an executive Director and is mainly responsible for the business development of the Company. Mr. Wan has extensive experience in the financial industry with over 20 years in senior management position. He is currently the chief executive officer of Haifu. Prior to joining Haifu, he was the executive director and chief financial officer of Shui On Land Ltd. ("Shui On") and the general manager and group chief financial officer of The Bank of East Asia Ltd. Both companies are listed on the Main Board of the Stock Exchange. Mr. Wan is responsible for the overall strategic planning and formulation of corporate policies of the Group. He is also a director of a number of subsidiaries of the Company. Ms. Chung, aged 59, is the vice-chairman of the Board and an executive Director of the Company. Ms. Chung has more than 36 years' experience in sales and marketing of cosmetic products. Before the Group was founded in 1991, Ms. Chung had worked for several cosmetic companies in the sales and marketing of branded cosmetic products for over 5 years. With her sales promotion technique and in-depth product knowledge in cosmetics, Ms. Chung has significant contribution to the Group's product innovation and marketing strategy. Ms. Chung is responsible for the overall sales and marketing operations management. She is also a director of a number of subsidiaries of the Company. Ms. Chung is the spouse of Dr. Ip Chun Heng, Wilson, the chairman of the Board, the chief executive officer of the Company and an executive Director.